Reitar Logtech Holdings Ltd

Reitar Logtech Holdings Ltd (RITR) News & Events

$0.088

-0.008 (-9.59%)At close

RITR News

RITR Events

8/24 11:00

Reitar Logtech Forms Joint Venture with Smart Pointer

Reitar Logtech announced the formation of a joint venture with Smart Pointer Logistics Warehouse Limited, a Hong Kong-based provider of cold-chain logistics services. The joint venture, Smart Pointer Logistics Technology Limited, will focus on developing cold-chain warehousing and fulfillment, digital fulfillment, and value-added supply chain services. The joint venture builds on an established long-term commercial relationship and mutual trust between the parties. Smart Pointer has utilized Reitar's cold-storage infrastructure and adopted its Warehouse-as-a-Service model to support warehouse management system upgrades, workflow optimization, and the development of automated services. The parties have entered into a five-year service arrangement with an estimated total contract value of approximately HK$120M, reflecting market recognition of Reitar's cold-chain infrastructure and logistics technology capabilities. Building on this collaboration, the parties have elected to deepen their strategic relationship through the joint venture. Smart Pointer Logistics Technology Limited will combine Reitar's capabilities in cold-chain infrastructure, WaaS, logistics technology, and digital platforms with Smart Pointer's operating experience in cold-chain warehousing, cargo handling, and order fulfillment. The joint venture will develop an integrated supply chain service platform encompassing warehouse management, temperature-controlled handling, inventory visibility, order fulfillment, value-added processing, and delivery coordination. Reitar intends to use the joint venture as a platform for building data-driven intelligent supply chain capabilities.

8/21 09:30

Reitar Logtech Authorizes $3M Share Repurchase

Reitar Logtech announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to $3M in aggregate value of its outstanding Class A ordinary shares.

3/6 08:50

Reitar Logtech Signs $60 Million Equity Investment Agreement with Equator Capital

Reitar Logtech Holdings entered into a definitive Share Subscription Agreement with Equator Capital Management, acting for and on behalf of the segregated portfolio "Equator Private Equity Fund SP," a segregated portfolio company incorporated in the Cayman Islands. The execution of the Agreement follows the Company's announcement on February 24, 2026 regarding the signing of a non-binding Memorandum of Understanding with the Investor. The Agreement constitutes the definitive transaction document contemplated by the MOU and supersedes the MOU in its entirety, save for certain binding provisions that will remain in effect until closing. Under the Agreement, the Investor has agreed to make a strategic equity investment of up to $60,000,000 in the Company through the subscription of up to 15,000,000 newly issued ordinary shares of Reitar at a subscription price of $4.00 per share. The Company intends to apply not less than 92% of the investment proceeds to fund its capital contribution to a consortium formed to acquire a controlling equity interest in a leading international logistics company with a significant presence in Southeast Asia, Europe, and the PRC, with the balance of not more than 8% to be used for transaction-related professional fees and general working capital purposes. Reitar is partnering in this consortium with a leading industrial private equity firm focused on the logistics technology sector, which manages assets under management of several billion U.S. dollars.

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