Smart Globe Holdings Ltd. (HK:1481) has released an update.
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Smart Globe Holdings Limited is diversifying its income streams by venturing into the logistics business in Sub-Saharan Africa, with an initial focus on Zambia’s commodity industry. The company has set up a new subsidiary, begun recruiting local staff, and is developing a trucking fleet, with plans to expand further in the region. This strategic move aims to mitigate risks, adapt to market conditions, and maximize shareholder returns as part of a broader business diversification.
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