SINGAPORE (June 5): Allied Technologies, the manufacturer of metal stamped parts, is planning to acquire a 51% stake in Activpass Holdings to diversify its business operations and invest in technology solutions to provide additional revenue streams and improve its prospects in the e-commerce sector.

Incorporated in Singapore, Activpass is in the business of operating a suite of Software as a Service (SaaS) solutions that combines a cloud-based intelligent customer engagement system, a business management platform and consumer mobile marketplace application within the fitness, wellness and beauty services industries.

To date, Activpass has a fast-growing network of over 500 businesses and independent professionals offering a wide range of services from personal training to aesthetics treatment.

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