Powertech Holdings Company Limited acquired Folkup Development Inc. in a reverse merger transaction.

Powertech Holdings Company Limited entered into an agreement to acquire Folkup Development Inc. (OTCPK:FLDI) in a reverse merger transaction on November 25, 2020. The consideration is paid in the form of 6 million shares of Folkup.

Powertech Holdings Company Limited completed the acquisition of Folkup Development Inc. (OTCPK:FLDI) in a reverse merger transaction on November 27, 2020.