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Atlinks Acquires 5Gen Care And Chillax In Revolutionary Shift Toward Advanced Ai And Iovt Technology Development

PRIVATEJan 09, 2024

Acquiring Company

Atlinks Group Limited

Acquired Company

5Gen Care

BengaluruNewarkHardwareIT Services and IT ConsultingConsumer Services

Description

Atlinks Group Limited ("Atlinks" or 'the Company"), along with its subsidiaries ('the Group"; stock code: 8043.HK), is pleased to announce that the Group has entered into the Sale and Purchase Agreements to acquire 100% issued share capital of 5Gen Care Limited and 5GenCare.com Limited ("5Gen Care"), and 100% issued share capital of Chillax Care Limited and Chillax Technology Limited ("Chillax") on 2 January 2024.

Other recent acquisitions in Hardware and IT Services and IT Consulting

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Atlinks Group Limited

About

The Group is principally engaged in designing, developing and selling home and office telecommunication products to retailers, telecommunication operators and distributors customers all around the world (except North America) under three brands, namely Alcatel, Swissvoice and Amplicomms. Atlinks was listed on the GEM Board of the HKEx on 19 January 2018 (stock code: 8043.HK).

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Frequently asked

Who acquired 5Gen Care?

5Gen Care was acquired by Atlinks Group Limited. The deal was reported on January 9, 2024. Atlinks Group Limited is privately held and operates in Hardware.

When did Atlinks Group Limited acquire 5Gen Care?

Atlinks Group Limited's acquisition of 5Gen Care was reported on January 9, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does 5Gen Care do?

5GenCare is a Hong Kong based tech company that provides health care and baby care platform and develops infrastructure for IoT catered to businesses of any size — from start-ups to big enterprises and multinational electronics brands. It is privately held, operating in IT Services and IT Consulting, and is based in Bengaluru.

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