Gelonghui reported on December 23 that AP RENTALS (01496.HK) announced that on December 23, 2024, the buyer (AP RENTALS Electrical Utilities Co., Ltd., a wholly-owned subsidiary of the company) and the seller (Denyo United Machinery Pte. Ltd., a company established under Singapore law) entered into a purchase Order for the procurement of 28 units of equipment (diesel Generator), with a total price of approximately 0.138 billion Japanese yen (equivalent to about 6.8361 million Hong Kong dollars).
The announcement stated that all equipment being procured by the group under the purchase Order for the acquisition are brand new. The acquisition will allow the group to expand its fleet of equipment in Hong Kong to meet the increasing rental demand for various types of equipment in Hong Kong, while also promoting compliance with Hong Kong's stringent Eco-friendly Concept requirements and regulations related to noise and air pollution (including but not limited to non-road mobile machinery regulations). All equipment procured by the group is high-quality mobile equipment.