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HONG KONG - Click Holdings Limited (NASDAQ:CLIK), a Hong Kong-based human resources and senior care solutions provider with a market capitalization of just $6.87 million, announced Monday it will acquire two local HR firms through all-stock transactions. According to InvestingPro data, the company trades at a low Price/Book multiple of 0.54.
The Nasdaq-listed company will purchase Bowser Human Resources Limited and Top Team Consultants Limited by issuing 1,885,350 and 232,256 Class A ordinary shares respectively, according to a press release statement.
Click Holdings expects the acquisitions to drive approximately 200% growth in sales for its professional services sector and 15% growth in its logistics sector.
"These acquisitions affirm our ambition to continue expanding our presence in the market," said Jeffrey Chan, Founder and CEO of Click Holdings.
The company stated the acquisitions will create synergies across its business segments, particularly in professional services and logistics, while improving operational efficiency.
Click Holdings describes itself as connecting clients with a talent pool of over 23,200 professionals serving nursing, logistics, and professional services sectors through its platform.
The financial terms of the transactions were not disclosed in the announcement.
In other recent news, Click Holdings Limited has announced a 1-for-30 share consolidation of its Class A and Class B ordinary shares. This move is aimed at meeting the Nasdaq listing requirements. The consolidation will be effective at the opening of trading on October 10, 2025. The shares will continue to trade under the existing symbol "CLIK," although they will have a new CUSIP number. This development is part of Click Holdings' efforts to maintain compliance with exchange standards. The company has not provided additional details regarding the impact of this consolidation on its financial performance. Investors are advised to take note of these changes as they may affect shareholding structures.
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