AP RENTALS (01496) has announced that on September 15, 2026, its indirect wholly-owned subsidiary, acting as the buyer, entered into a purchase order with an independent third-party seller for the acquisition of 18 pieces of equipment, at a total consideration of HKD 18.6546 million.
During the 12-month period immediately preceding this acquisition, AP RENTALS had previously entered into purchase orders with XCMG Hong Kong for prior acquisitions. All equipment currently being procured by the group under these purchase orders is brand new.
This acquisition will enable the group to expand its equipment fleet in Hong Kong, addressing the rising rental demand for equipment and facilitating the implementation of green energy initiatives by its clients both locally and globally.