Reitar Logtech has signed a definitive share subscription agreement committing Equator Private Equity Fund SP to invest US$60 million by subscribing for 15 million new ordinary shares at US$4.00 per share, replacing the prior memorandum of understanding and establishing binding terms subject to closing conditions.

At least 92% of the investment will fund Reitar’s capital contribution in a consortium with a leading industrial private equity firm to acquire a controlling stake in an international logistics company with operations in Southeast Asia, Europe and China; the remaining 8% will cover professional fees and working capital.

Management expects the funding and proposed acquisition to drive global expansion, enhance smart logistics and automated warehousing capabilities, and generate long-term shareholder value, pending completion of due diligence, regulatory approvals and other conditions precedent.