Smart Globe Holdings Expands Fleet with Major Vehicle Purchase

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2025.10.28 12:08
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Smart Globe Holdings Ltd. has announced a major vehicle purchase to enhance its supply chain management, acquiring 50 tractor trucks and 50 semi trailers for approximately US$2,388,750. This transaction is classified as a discloseable transaction under Hong Kong Stock Exchange rules. The purchase will be funded through internal resources and aims to improve operational capabilities. The current analyst rating for Smart Globe Holdings (HK:1481) is a Hold with a price target of HK$1.00.