ModuLink Inc. Announces Completion of Acquisition of 60% Equity Interest in ASA Robotics Limited
ModuLink completed the acquisition of a 60% equity interest in ASA Robotics for an aggregate consideration of HK$5 million (US$641,026), paid via the issuance of 6,500 preferred shares. The target, ASA Robotics, reported fiscal 2026 revenue of HK$1.6 million, representing 213% year-over-year growth, with gross profit margins improving to 60.5%.
Key figures
- Deal Value Usd
- 641026
- Offering Price
- 98.62
- Shares Offered
- 6500
- Target revenue hkd fy26
- HK$1.6 million
- Target gross margin fy26
- 60.5%
- Target revenue yoy growth
- 213%
- Target gross profit hkd fy26
- HK$1.0 million
AI analysis
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