Hong Kong, July 21, 2025 (GLOBE NEWSWIRE) -- Click Holdings Limited (“Click Holdings” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, announced its interim results for the six months ended December 31, 2024, showcasing robust growth and strategic advancements in AI-powered platforms and emerging cryptocurrency initiatives. Selected Financial Highlights ●Revenue surged 68% to US$4.8 million, dr ...

Core Viewpoint - Click Holdings Limited has signed a Memorandum of Understanding with Chongqing Rongge Huida Human Resources Consulting Limited to collaborate on labor importation under Hong Kong's Enhanced Supplementary Labour Scheme, aiming to expand its human resources and senior care services in Chongqing, China [1][4]. Group 1: Partnership Details - The partnership will utilize Click's AI-powered talent matching platform to assist Hong Kong employers in overcoming local recruitment challenges and obtaining necessary approvals [2]. - Rongge Huida will be responsible for recruiting qualified Mainland Chinese workers and managing documentation for labor export, focusing on over 150 labor-shortage roles, particularly in senior care [2]. Group 2: Market Opportunity - Chongqing, with a population exceeding 32 million and a growing elderly community, presents significant growth opportunities for Click's senior care business [3]. - The collaboration is expected to enhance Click's HR solutions business, unlocking new revenue streams and strengthening its competitive position in the market [3]. Group 3: Company Growth Potential - Click anticipates annualized growth potential exceeding 25% by leveraging Chongqing's talent pool and the demand for senior care services [4]. - The company connects over 110,000 job vacancies with freelancers annually, showcasing its robust capabilities in the HR market [4].

Core Points - Extendicare Inc. declared a cash dividend of C$0.042 per common share for July 2025, payable on August 15, 2025, to shareholders of record on July 31, 2025 [1] - The dividend is classified as an "eligible dividend" under the Income Tax Act (Canada) [1] Company Overview - Extendicare is a leading provider of care and services for seniors in Canada, operating under various brands including Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network [2] - The company operates 99 long-term care homes, with 59 owned and 40 under management contracts [2] - Extendicare delivers approximately 11.2 million hours of home health care services annually and provides group purchasing services for about 148,200 beds across Canada [2] - The company employs around 26,500 qualified and dedicated team members focused on high-quality care [2]

Group 1 - Alignment Healthcare, Inc. will release its second quarter 2025 financial results on July 30, after market close [1] - A conference call to review the financial results will be held at 5 p.m. EDT on the same day [1] - A live audio webcast of the conference call will be available online, with a replay accessible for approximately 12 months [2] Group 2 - Alignment Health focuses on empowering seniors to age well and live vibrant lives through high-quality, low-cost care [3] - The company partners with trusted local providers to deliver coordinated care, utilizing a customized care model and a 24/7 concierge care team [3] - Alignment Health is based in California and is committed to its core values of serving seniors first as it expands its national footprint [3]

Group 1 - The average life expectancy in China has reached 79.5 years as of 2024, showing a steady increase from 74.8 years in 2010 and 77.9 years in 2020 [2] - China's life expectancy growth rate surpasses that of some developed countries, with projections indicating that by 2044, China's life expectancy may slightly exceed that of the United States [2] - The aging population in China is increasing, with 21.1% of the population aged 60 and above by the end of 2023, and the proportion of those aged 65 and above rising to 15.6% in 2024 [2] Group 2 - Global aging is a widespread trend, with the highest aging rates in ten countries or regions exceeding 20%, and Hong Kong projected to surpass 40% by 2050 [4] - The increase in the elderly population impacts various sectors, including labor supply, economic growth, and social security systems, leading to higher demands for healthcare and pension systems [6] Group 3 - The demand for elderly care services in China is expected to rise significantly, with the number of elderly individuals requiring home care services projected to increase from approximately 40.33 million in 2020 to around 76 million by 2050 [8] - Various companies are actively engaging in the elderly care industry, with technology firms like Xiaomi and Huawei focusing on health monitoring devices and smart products for the elderly [9][10] Group 4 - Recommendations for addressing the challenges of rapid aging include transitioning the pension system from a pay-as-you-go model to a pre-funded investment model, as suggested by experts [12]

Core Viewpoint - Extendicare Inc. has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid, allowing the company to repurchase up to 7,281,193 common shares, which is 10% of its public float [1][4] Group 1: NCIB Details - The NCIB will commence on July 2, 2025, and will continue until July 1, 2026, or until the bid is completed [2] - Daily purchases under the NCIB will be limited to 44,803 common shares based on the average daily trading volume of 179,213 shares over the last six months [2] - All common shares purchased under the NCIB will be cancelled [3] Group 2: Rationale and Strategy - The board of directors believes that purchasing common shares may be an attractive use of corporate funds based on market conditions and share price [4] - The company has not purchased any shares under its previous NCIB, which allowed for the purchase of up to 7,159,997 common shares [5] Group 3: Automatic Purchase Plan - Extendicare has established an automatic purchase plan with its designated broker to facilitate share purchases during regulatory black-out periods [6] Group 4: Company Overview - Extendicare is a leading provider of care and services for seniors in Canada, operating 99 long-term care homes and delivering approximately 11.2 million hours of home health care services annually [7] - The company employs around 26,500 qualified team members dedicated to providing high-quality care [7]

Core Viewpoint - Clariane has successfully completed a bond issuance of 400 million euros, aimed at strengthening its financial structure and extending the average maturity of its debt with a 7.875% annual coupon [1][3]. Group 1: Bond Issuance Details - The bond issue totaled 400 million euros and is set to mature in 5 years on June 27, 2030 [1]. - The issuance attracted significant interest, with an order book exceeding 1.2 billion euros, indicating an oversubscription rate of more than 3 times [2]. - The net proceeds from the bond will be used to refinance existing debt, including the redemption of OCEANE [4]. Group 2: Financial Strategy and Impact - Clariane's bond issuance is part of a broader strategy to strengthen its financial structure, which was initiated on November 14, 2023, with a target of 1.5 billion euros [3]. - The successful bond issuance demonstrates investor support for Clariane's strategy to reduce debt and enhance its balance sheet [3]. - The bonds will be applied for trading on the Global Exchange Market of Euronext Dublin, with settlement expected on June 27, 2025 [4]. Group 3: Company Overview - Clariane operates in six countries and is a leading European community of care, providing services to nearly 900,000 patients and residents [10][11]. - The company has a diverse range of services, including care homes, healthcare facilities, and alternative living solutions [11]. - Clariane became a purpose-driven company in June 2023, emphasizing its commitment to care during times of vulnerability [12].

Core Insights - InnovAge sponsors the PBS documentary "Caregiving," which highlights the challenges faced by caregivers in America, featuring Bradley Cooper and narrated by Uzo Aduba [1][2] - The documentary aims to raise national awareness about the caregiving crisis, showcasing stories of families dealing with funding cuts, policy changes, and workforce issues [2] - InnovAge's mission focuses on supporting seniors and their caregivers through its PACE model, allowing older adults to age independently at home while providing dignity and autonomy [3] Company Overview - InnovAge is the largest provider of the Program of All-Inclusive Care for the Elderly (PACE) in the U.S., serving approximately 7,530 participants across 20 centers in six states as of March 31, 2025 [3] - The company aims to improve the quality of care for high-cost, frail seniors while reducing the over-utilization of expensive care settings [3] - InnovAge's person-centered care model is designed to benefit all stakeholders, including participants, families, providers, and government payors [3]

Core Points - Extendicare Inc. has completed the acquisition of nine "Class C" long-term care homes and a parcel of vacant land from Revera Inc. effective June 1, 2025 [1] - The total consideration for the transaction was approximately $60.3 million, consisting of $40.2 million in cash and the assumption of $20.1 million in liabilities [2] - The acquired homes include a total of 822 long-term care beds and 574 retirement beds across various locations in Ontario and Manitoba [3] Financial Details - The purchase price was funded from cash on hand, excluding transaction costs [2] - The liabilities assumed include government funding reimbursement obligations and committed capital maintenance project obligations [2] Operational Insights - Carlingview Manor is undergoing redevelopment into a new 320-bed long-term care home, owned by a joint venture between Extendicare and Axium [4] - Extendicare operates a network of 99 long-term care homes, providing approximately 11.2 million hours of home health care services annually [5] - The company employs around 26,500 qualified team members dedicated to delivering high-quality care [5]

Core Points - Extendicare Inc. held its annual and special meeting of shareholders on May 27, 2025, where various matters were voted on [1] - A total of 47,282,730 common shares were represented at the meeting, accounting for 56.41% of the outstanding shares [2] Group 1: Election of Directors - Nine nominees were elected as directors to serve until the next annual meeting [3] - The voting results showed high approval rates for the nominees, with votes for ranging from 94.08% to 99.74% [4] Group 2: Appointment of Auditors - KPMG LLP was appointed as the auditors of the Company until the next annual meeting, with 87.18% of votes in favor [5][6] Group 3: Long Term Incentive Plan - The resolution to approve unallocated entitlements under Extendicare's Long Term Incentive Plan was passed with 97.04% approval [7][8] Group 4: Executive Compensation - A non-binding advisory resolution regarding the Company's approach to executive compensation was approved, receiving 94.48% of votes in favor [9][10][11] Company Overview - Extendicare is a leading provider of care and services for seniors in Canada, operating 122 long-term care homes and delivering approximately 11.2 million hours of home health care services annually [12]