CLPS Incorporation Integrates Singapore Subsidiaries to Strengthen Business Development in Southeast Asia
CLPS Incorporation (CLPS)
Company Research
Source: PR Newswire
SHANGHAI, Dec. 23, 2019 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), a leading information technology consulting and solutions service provider focusing on the banking, insurance, and financial sectors in China and globally, today announced that it has recently completed the business integration of Infogain Pte. Ltd. ("Infogain") and RiDiK Pte. Ltd. ("RiDiK"), its two subsidiaries in Southeast Asia, into the Company's Singapore Division ("CLPS Singapore"). After the integration, CLPS Singapore is expected to achieve total revenue growth of over 200% year over year for fiscal year 2020. CLPS Singapore's financial growth rate is forecasted to be in the double-digit percentage point after fiscal year 2020 due to strong demands for fintech services in Southeast Asia.CLPS acquired Infogain and RiDiK, both Singapore-based IT services providers, in August 2018 and September 2019, respectively. The integration of the two subsidiaries enables the Company to achi
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CLPS
Sec Filings
- 10/30/24 - Form 144
- 10/24/24 - Form 6-K
- 10/18/24 - Form 20-F
- CLPS's page on the SEC website