ModuLink Acquires 60% Stake in ASA Robotics for USD 641,000

Reuters
2026.01.30 17:49
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ModuLink Inc. has signed an agreement to acquire a 60% stake in ASA Robotics for approximately USD 641,000 through its subsidiary ModuLink InnoTech Limited. The acquisition involves issuing 6,500 preferred shares at about USD 98.62 each. Post-acquisition, ModuLink will have majority ownership and governance rights, while ASA's management will remain unchanged. The deal aims to enhance ModuLink's capabilities in healthcare automation and smart facility management, integrating ASA's technology with its existing platforms. The transaction is expected to close by February 28, 2026, pending customary conditions.