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Click Holdings (NASDAQ: CLIK) targets HK$50m from construction HR acquisition

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(Neutral)
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Form Type
6-K

Rhea-AI Filing Summary

Click Holdings Limited has agreed to acquire 100% of Axiom Digital Limited, a Hong Kong construction-focused HR tech platform, from its sole shareholder, CEO and Chairman Mr. Chan Chun Sing. The consideration will be paid in 4,500,000 Class A ordinary shares and 800,000 Class B ordinary shares.

Axiom’s system streamlines salary payments, attendance, work records, and workforce management for construction workers and subcontractors. Click plans to layer its AI-powered job matching on top of Axiom’s large worker database to offer integrated HR services in Hong Kong’s labor‑intensive construction sector.

The company expects the new construction worker HR solutions segment to generate over HK$50 million in annual revenue for the group within two years, creating a new growth driver alongside its existing Care U senior care business. Closing is subject to customary conditions under the Sale and Purchase Agreement and is expected on or before June 2026.

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Insights

Click adds a new construction HR vertical via an all-share, related-party deal.

Click Holdings is using equity rather than cash to acquire Axiom Digital Limited, paying 4,500,000 Class A and 800,000 Class B shares. The seller is CEO and Chairman Mr. Chan Chun Sing, making this a related-party transaction that concentrates both strategic and governance considerations.

The target operates a payments and workforce management platform for construction workers, giving Click access to data on hundreds of thousands of workers. Management projects the new construction HR segment could exceed HK$50 million in annual revenue within two years, but this is forward-looking and not guaranteed.

If the acquisition closes as expected by June 2026, investors will later be able to compare actual revenue from the construction segment against the stated >HK$50 million annual target and assess whether integration with Click’s AI matching platform delivers the anticipated scale.

Share consideration Class A 4,500,000 Class A ordinary shares Equity issued as consideration for Axiom Digital acquisition
Share consideration Class B 800,000 Class B ordinary shares Additional equity issued for Axiom Digital acquisition
Projected segment revenue Over HK$50 million annually Target for construction HR solutions segment within two years
Construction site workers Over 110,000 manual workers Engaged at Hong Kong construction sites as of Q3 2025
Talent pool size Over 23,200 professionals Professionals connected via Click Holdings’ platform across sectors
Expected closing date On or before June 2026 Planned closing of Axiom Digital acquisition, subject to conditions
Sale and Purchase Agreement financial
"the Company entered into the Sale and Purchase Agreement (the “SPA”)"
A sale and purchase agreement is a binding written contract that sets out the exact terms under which one party sells and another buys assets or a business, much like the detailed receipt and instructions you get when buying a house. It matters to investors because it defines the price, what is included, payment timing, and any promises or protections — all of which determine future cash flows, risk, and the value of the companies involved.
Class A ordinary shares financial
"settled by the issuance of 4,500,000 Class A ordinary shares"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Class B ordinary shares financial
"and 800,000 Class B ordinary shares of the Company"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
AI-powered job matching engine technical
"Click Holdings will deploy its proprietary AI-powered job matching engine"
forward-looking statements regulatory
"This press release contains forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2026

 

Commission File Number: 001-42308

 

Click Holdings Limited

 

Unit 1709-11, 17/F

Tower 2, The Gateway

Harbour City, Kowloon

Hong Kong

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

Press Release

 

On May 29, 2026, Click Holdings Limited (“Click” or the “Company”) issued a press release (the “Press Release”) as Exhibit 99.1 to this Form 6-K, announcing an acquisition. The board of directors of the Company is pleased to announce that, on May 29, 2026, the Company entered into the Sale and Purchase Agreement (the “SPA”) with the sole shareholder of Axiom Digital Limited (the “Axiom”), pursuant to which the Company agreed to acquire 100% equity interest in the Axiom. The consideration shall be settled by the issuance of 4,500,000 Class A ordinary shares and 800,000 Class B ordinary shares of the Company.

 

Axiom is wholly owned by Mr. Chan Chun Sing, Chief Executive Officer and Chairman of the Company. Axiom operates an integrated platform that streamlines salary payments between construction workers and subcontractors, while incorporating attendance tracking, work records, and comprehensive workforce management tools. This acquisition aligns with Click’s strategy to gain privileged access to the human resource market for the construction industry in Hong Kong. The closing is subject to the customary closing conditions and terms as stipulated in the SPA, and the acquisition is expected to close on or before June, 2026.

 

2
 

 

Exhibit Index

 

Exhibit No.   Description
99.1   Press Release dated May 29, 2026

 

3
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  CLICK HOLDINGS LIMITED
     
  By: /s/ Chan Chun Sing
  Name: Chan Chun Sing
  Title: Chief Executive Officer, Chairman and Director

 

Date: May 29, 2026

 

4

 

Exhibit 99.1

 

 

Click Holdings Limited (CLIK) Acquires Hong Kong Construction HR Tech Company,

Targeting Over HK$50 Million Annual Revenue in New Segment Within Two Years

 

Hong Kong, May 29, 2026 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “Click” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leader in human resources (“HR”) and senior care solutions in Hong Kong, is pleased to announce the strategic acquisition of 100% equity stake in a fast-growing Hong Kong-based company specializing in digital HR solutions for the construction industry (“Target”).

 

The Target operates an integrated platform that streamlines salary payments between construction workers and subcontractors, while incorporating attendance tracking, work records, and comprehensive workforce management tools. This solution tackles longstanding industry challenges such as delayed payments, inaccurate attendance records, labor disputes, and administrative inefficiencies—issues that are particularly acute in Hong Kong’s large and labor-intensive construction sector.

 

Through this investment and strategic partnership, Click Holdings gains privileged access to a valuable database covering data on hundreds of thousands of construction workers across Hong Kong. Click Holdings will deploy its proprietary AI-powered job matching engine and extensive HR expertise to deliver integrated services, including talent sourcing, job placement, training referrals, compliance support, and other comprehensive HR solutions—directly to the Target’s user ecosystem. In turn, the Target will leverage Click Holdings’ advanced matching technology and broad professional network to enhance platform functionality, improve user retention, and accelerate growth.

 

This transaction represents Click Holdings’ deliberate entry into the construction worker HR solutions segment, one of Hong Kong’s most significant yet underserved labor markets. According to recent industry data, Hong Kong has over 110,000 manual workers engaged at construction sites (as of Q3 2025, per Development Bureau and Census and Statistics Department of Hong Kong), with hundreds of thousands of registered construction workers overall. The sector remains challenged by ongoing labor shortages, an aging workforce, and heightened demand for digital payroll and attendance systems, presenting opportunities for Click Holdings’ AI-driven solutions to generate significant value.

 

“We see tremendous potential in bringing modern, efficient HR technology to Hong Kong’s construction industry,” said Jeffrey, CEO of Click Holdings. “By combining the Tech Company’s specialized payment and attendance platform with our proven AI job matching capabilities and large-scale talent pool, we are creating powerful synergies that will improve workforce productivity, ensure fair and timely compensation, and open a major new revenue vertical. Moreover, we have already built a comprehensive human resources matching platform. Beyond serving construction workers, this platform enables us to expand horizontally into other high-demand, blue-collar sectors where Hong Kong faces acute shortages, such as security guards, domestic helpers, and various other manual labor roles. These are precisely the job categories where AI-powered matching can deliver immediate efficiency gains and scalability in the short term, allowing us to address broader labor market gaps and unlock additional growth opportunities across multiple industries.”

 

Click Holdings expects this acquisition and ongoing collaboration to rapidly scale the construction worker HR solutions segment. Within two years, it is projected to contribute over HK$50 million in annual revenue to the CLIK Group, establishing it as a meaningful and sustainable new growth driver alongside the Company’s flagship silver economy initiatives under the Care U brand.

 

This strategic investment reinforces Click Holdings’ commitment to innovation, sector diversification, and capturing untapped opportunities in key labor markets across Hong Kong, while continuing to leverage its core strengths in AI-powered HR solutions.

 

About Click Holdings Limited (CLIK)

 

Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 23,200 professionals, serving nursing, logistics, and professional services sectors.

 

For more information, please visit https://clicksc.com.hk.

 

Safe Harbor Statement

 

This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

 

For enquiry, please contact:

 

Click Holdings Limited

 

Unit 1709-11, 17/F

Tower 2, The Gateway

Harbour City, Kowloon

Hong Kong

Email: jack.wong@jfy.hk

Phone: +852 2691 8200

 

 

 

 

FAQ

What company did Click Holdings (CLIK) agree to acquire in this 6-K?

Click Holdings agreed to acquire 100% equity interest in Axiom Digital Limited, a Hong Kong company providing digital HR solutions for the construction industry, including salary payments, attendance tracking, work records, and workforce management tools tailored to construction workers and subcontractors.

How is Click Holdings paying for the acquisition of Axiom Digital Limited?

The acquisition consideration will be settled entirely in shares. Click Holdings will issue 4,500,000 Class A ordinary shares and 800,000 Class B ordinary shares, rather than paying cash, to acquire 100% of Axiom Digital Limited from its sole shareholder, the company’s CEO and Chairman.

When is the Click Holdings–Axiom Digital acquisition expected to close?

The acquisition is expected to close on or before June 2026, subject to customary closing conditions stated in the Sale and Purchase Agreement. Completion timing therefore depends on satisfying these conditions but the company has indicated a target closing timeframe within that month.

What revenue impact does Click Holdings project from its new construction HR segment?

Click Holdings projects that the construction worker HR solutions segment could generate over HK$50 million in annual revenue for the group within two years. This forward-looking target would make the segment a meaningful new growth driver alongside its existing Care U senior care initiatives.

Why is this acquisition strategically important for Click Holdings (CLIK)?

The deal gives Click Holdings privileged access to a large database of Hong Kong construction workers and a platform already handling payroll and attendance. By integrating its AI-powered job matching and HR services, Click aims to build a new vertical in an underserved, labor‑intensive market.

Filing Exhibits & Attachments

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