SILVERLAND SAKYO WINS LUXURY CONCEPT HOTEL IN ASIA AT WORLD LUXURY HOTEL AWARDS 2025

HO CHI MINH CITY, Vietnam, Nov. 18, 2025 /PRNewswire/ -- Silverland Sakyo Hotel has been recognized with one of the industry's most prestigious honors, winning the coveted title of Luxury Concept Hotel in Asia and Luxury Contemporary Hotel in South East Asia at the World Luxury Hotel Awards 2025. The accolade celebrates Silverland Sakyo's concept, which masterfully marries Japanese serenity with the warm, personalized charm of Vietnamese hospitality. Silverland Sakyo today carries within itself the story of the calmness after the hustle and bustle of the streets, to observe the inner self with visitors, deeply feel the tranquility of the natural world, and then suddenly realize the beauty in simplicity and imperfection.

Step through the door, Silverland Sakyo, which located  on a vibrant street within Little Japan town right in the center of Ho Chi Minh City, greets our customers by a miniature driftwood landscape (流木 - nagare boku). In Japanese architecture and culture, driftwood is not only a decorative material, but also carries many profound philosophical meanings, closely linked to the aesthetics and spirit of the Japanese. The hotel brings the wabi-sabi spirit of accepting impermanence, imperfection, and beauty hidden in simplicity. Instead of new, smooth materials, Silverland Sakyo respects every crack, every scar, every curve of the wood as a part of natural history.

A stay at Silverland Sakyo is not just accommodation, it is a personalized journey toward balance. Customers consistently describe their experience as deeply comforting and restorative. They can begin their day with a lavish breakfast buffet blending authentic Vietnamese, Japanese, and international cuisine at Hareta hi Restaurant (Restaurant 晴れた日) to well prepare for a new day in the bustling city. Guests are also invited to unwind in the afternoon with the complimentary Afternoon Tea served daily in the soothing ambiance of the lobby.

The rooftop is a highlight of the guest experience, featuring the Saigon Oasis outdoor bar (Bar オアシスサイゴン) nestled among the high-rise office buildings. Guest can enjoy precious moment of slowing down in the middle of the bustling neighborhood, where there is only the green of leaves, the clear color of the sky and clouds, the coolness of the Jacuzzi pool next door and the rustling sound of the bamboo trees in the gentle aroma of the cocktail that the bartender has just mixed. Inspired by Zen philosophy, Saigon Oasis brings a minimalist but not monotonous space, calm but not boring. On the contrary, it is a place where earth - water - sky - air - fire meet, with signature cocktails or a cool glass of beer to dispel the tropical heat, enjoying the scenery and stories with your full and complete presence. This quiet luxurious yet functional approach, supported by impeccable, attentive service that anticipates every need, is what distinguishes Silverland Sakyo Hotel as a true luxury concept leader.

Commenting on the prestigious award, Ms. Lam Thi Ngoc Hanh, Cluster General Manager of Silverland Hospitality Group, stated: "Receiving the Luxury Concept Hotel in Asia award from the esteemed World Luxury Hotel Awards is an immense honour that reaffirms our commitment to unparalleled excellence. This recognition is a powerful testament to the success of our unique vision in which to harmoniously blend the timeless serenity of Japanese design with the sincere, heartfelt hospitality of Vietnam. This award is an acknowledgement from our cherished customers, the dedication of our business partners, and the validation of worldwide industry experts, all of whom recognized our endeavor to create a truly restorative sanctuary."

For media queries: Quynh Tran (Ms.) - Marcom Manager - Silverland Hospitality - marcom@silverlandhotels.com 

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SILVERLAND SAKYO WINS LUXURY CONCEPT HOTEL IN ASIA AT WORLD LUXURY HOTEL AWARDS 2025

SILVERLAND SAKYO WINS LUXURY CONCEPT HOTEL IN ASIA AT WORLD LUXURY HOTEL AWARDS 2025

Six-month group consolidated revenue reaches IDR 198.5 billion (approximately SG$14.3 million) — equal to 97% of full-year 2025 revenue — while operating profit rises 143% year on year

Company in discussions with multiple Indonesian securities firms toward an Indonesia Stock Exchange listing targeted for early 2027

SINGAPORE, Aug. 1, 2026 /PRNewswire/ -- Reddog, the Korean street-food ("bunsik") brand that has brought tteokbokki and Korean-style corn dogs to Indonesian consumers, today reported first-half 2026 results that extend one of the steepest growth curves in Southeast Asian food service — and confirmed that preparations for a public listing are now under way.

Group consolidated revenue for the six months ended June 30, 2026 reached IDR 198.5 billion (approximately SG$14.3 million), up 87.9% from IDR 105.7 billion in the same period a year earlier. Operating profit rose 142.9% to IDR 48.6 billion (approximately SG$3.5 million), lifting the operating margin from 18.9% to 24.5% — a level rarely seen among restaurant operators, where low single-digit margins are the norm. The half-year figure is striking in its own right: in six months, Reddog booked revenue equal to roughly 97% of its entire audited 2025 full-year revenue of IDR 204.9 billion.

First-half 2026 results at a glance (Unit: SGD)

Listing preparations

Reddog confirmed that it is in discussions with multiple Indonesian securities firms regarding a potential initial public offering on the Indonesia Stock Exchange (IDX), targeted for early 2027. No underwriter has been formally mandated and no registration statement has been filed. Any offering would remain subject to market conditions and to approval by the Indonesian Financial Services Authority (OJK) and the IDX.

ASEAN expansion

In April 2026, Reddog established a global entity in Singapore, and in August it opens its first store there in a CapitaLand shopping mall — a beachhead for expansion across an ASEAN market of more than 600 million people.

About Reddog

Reddog is a Korean street-food brand operated in Indonesia. Founded in 2019 and headquartered in Jakarta, the group operates and franchises more than 145 outlets serving Korean tteokbokki and Korean-style corn dogs as main menus. Reddog is led by founder and CEO Kim Hong-yeol, an F&B operations-systems specialist, and COO Cho I-jun, a turnaround expert focused on profitability and growth.

CONTACT: Cho ijun, ij.cho@reddog.sg, +65 8613 1011

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Korean F&B Brand Reddog Posts 88% Revenue Growth, 143% Operating Profit Jump in H1 2026