【HKEJ】Utilizing intelligent technology to add value to logistics assets
- June 27, 2023
Mr. John Chan, the Chairman and CEO of Reitar Logtech Group, provided valuable insights in an exclusive interview with the Hong Kong Economic Journal on how Logtech can enhance the value of logistics assets. With the current business environment becoming increasingly challenging and rising interest rates dampening the property market, logistics warehouses have become an appealing investment option due to their lower costs and potential for increased value through active management.
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On October 7th, the Chinese Manufacturers’ Association of Hong Kong held the 2024 “Hong Kong ESG Awards” and “ESG Pledge” ceremony at the Convention and Exhibition Centre. The event aimed to promote the importance of sustainable development practices among Hong Kong enterprises and encourage SMEs to improve their ESG performance, thereby continuously stimulating green productivity.
Reitar Logtech Holdings Limited (Nasdaq: RITR) (the “Company”), is pleased to announce that its wholly-owned subsidiary, Kamui Cold Chain Engineering and Services Limited, has recently won the bid for the fire system upgrade project of a large smart logistics center located on Airport Island, with a contract amount of HKD 231 million (approximately USD 29.6 million).
On the afternoon of September 19, 2024 (EST), Mr. John Chan, Chairman and Chief Executive Officer of Reitar Logtech Holdings Limited ("Reitar Logtech", NASDAQ: RITR), rang the closing bell of the NASDAQ Stock Exchange at the NASDAQ Tower in Times Square, New York.
RBF is increasingly becoming a key driver in the smart logistics sector. This model not only alleviates companies' financial pressures but also fosters innovation and market expansion.