We wish to inform you that the Board of Director of the company today February 04th, 2026, has approved the matter: Commencement of new line of business in addition to the existing business ....
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Reetech International Ltd's board, at a meeting held on February 4, 2026, approved the commencement of a new business line: purchasing and selling (trading) of agricultural land strictly for trading purposes. This is in addition to the company's existing cargo and courier business. The new activity will not involve any actual agricultural operations such as farming. The decision is subject to applicable laws, regulatory approvals, and statutory compliances. The board meeting ran from 12:30 p.m. to 1:00 p.m.
This signals a diversification push by the company beyond its core logistics business into real estate/land trading, which could open up a new revenue stream. However, no financial details, capital allocation, or revenue expectations have been disclosed, so the near-term impact on shareholders remains unclear and depends on execution and regulatory clearances.