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Golden Destinations acquires Double Happiness Holidays

PRIVATEOct 12, 2026

Acquiring Company

Golden Destinations Group Bhd

Acquired Company

Double Happiness Holidays Ltd

Kuala LumpurHong KongLeisureTravelLeisureTravelTourismTravel Agency

Description

Golden Destinations Group Bhd is acquiring a 70% stake in Double Happiness Holidays Ltd to expand its operations into Hong Kong. The acquisition involves a total investment of HK$700,000 and will provide fresh capital for growth. Yung Sing Wah will join the board of Double Happiness as executive director following the acquisition. The company plans to rename Double Happiness to Golden Destinations (HK) Ltd after the investment.

Company Information

Company

Golden Destinations Group Bhd

Location

Kuala Lumpur, Kuala Lumpur, Malaysia

About

Golden Destinations Group Bhd is a travel company that provides comprehensive travel solutions. The company aims to expand its services and reach new markets. It is focused on building strong international business-to-business relationships. The acquisition of Double Happiness marks a significant step in its growth strategy.

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Frequently asked

Who acquired Double Happiness Holidays Ltd?

Double Happiness Holidays Ltd was acquired by Golden Destinations Group Bhd, based in Kuala Lumpur. The deal was reported on October 12, 2026. Golden Destinations Group Bhd is a travel company that provides comprehensive travel solutions. The company aims to expand its services and reach new markets. Golden Destinations Group Bhd is privately held and operates in Leisure.

When did Golden Destinations Group Bhd acquire Double Happiness Holidays Ltd?

Golden Destinations Group Bhd's acquisition of Double Happiness Holidays Ltd was reported on October 12, 2026. Golden Destinations Group Bhd is acquiring a 70% stake in Double Happiness Holidays Ltd to expand its operations into Hong Kong. The acquisition involves a total investment of HK$700,000 and will provide fresh capital for growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Double Happiness Holidays Ltd do?

Double Happiness Holidays Ltd is a travel agency with a licence issued by the Travel Industry Authority of Hong Kong. It specializes in outbound travel services. The company is set to undergo changes in ownership following the acquisition. It is privately held, operating in Leisure, and is based in Hong Kong.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.