AP RENTALS (01496) subsidiary enters into purchase order for the procurement of 18 units of equipment.
AP Rentals (01496) announces that on 15 September 2026, the buyer (an indirect wholly-owned subsidiary of the Company) entered into a purchase order with the seller (an independent third party) for the procurement of 18 units of equipment at a total consideration of HK$18,654,600. During the 12-month period immediately preceding the acquisition, AP Rentals and XCMG Hong Kong had entered into a purchase order in respect of a previous acquisition.
AP RENTALS (01496) announces that on 15 September 2026, the buyer (an indirect wholly-owned subsidiary of the Company) entered into a purchase order with the seller (an independent third party) for the procurement of 18 units of equipment, at a total consideration of HK$18,654,600. During the 12-month period immediately preceding the acquisition, AP RENTALS and XCMG Hong Kong had entered into purchase orders in respect of previous acquisitions.
All equipment being procured by the Group pursuant to the purchase order for the acquisition is brand new equipment. The acquisition will enable the Group to expand its equipment fleet in Hong Kong to meet the increasing rental demand for equipment, and to facilitate the Group's customers in implementing green energy in Hong Kong and globally.
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