ALCO HOLDINGS (00328.HK): Signs Deals with S. American Distributors
- The agreements were signed separately with distributors in Brazil and Chile.
- The Group has also been expanding in Asia-Pacific, including in Malaysia and Indonesia.
NewTimeSpace News: On 13 October 2026, Alco Holdings Limited (00328.HK) announced that it entered into long-term cooperation agreements with distributors in Brazil and Chile for the distribution and sale of the Group's laptops and tablets there and the promotion of its own brand in South America. The Group's core business focuses on the development and sale of own-brand laptops and tablets.
The Group has been expanding in Asia-Pacific, including in Malaysia and Indonesia. The board believes the agreements may provide an opportunity to expand sales in South America and diversify its geographic coverage, though actual contribution will depend on market demand and execution. On funding, the Company raised net proceeds of about HKD 121.8 million from a rights issue completed in July 2026 for repaying borrowings, settling supplier payables, developing its Asia-Pacific market and product design capabilities, and general working capital.
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