Reitar Logtech Holdings Ltd. has completed the strategic acquisition of Jingxing Storage Equipment Engineering. On May 30, 2025, KLA-iBotics Holdings Limited, a wholly-owned subsidiary of Reitar Logtech, finalized the purchase of the entire issued share capital of Jingxing Holdings Limited, along with its subsidiary Jingxing Storage Equipment Engineering (H.K.) Company Limited. This acquisition, detailed in a previously announced non-binding memorandum of understanding, involves acquiring 7,000 shares from vendors Wong Kwok Chung, Chen Dong, and KLA Smart Capital Limited, collectively representing 100% of Jingxing Holdings' issued share capital. Post-acquisition, Reitar Logtech maintains control but sees its economic interest in KLA's operations reduced to about 30%, while the vendors hold 70% of the economic interest in the combined entity. Wong Kwok Chung will continue as a director for five years, and the vendors are bound by non-compete restrictions during this period.
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