Issue 29, November 2021

Analogue Holdings Acquires Industrial Building to Revitalise as Office Building
安樂工程集團收購工廈 將活化為辦公大樓

We are delighted to inform you that Analogue Holdings Limited has acquired Toppy Tower, an industrial building located in Kwai Chung, on 20 October 2021.

“Our people are the core pillar of ATAL’s sustainable development. We have been working to create an ideal workplace where they can unleash their full potential and take pride in their works. A consolidated operational base bringing most of our people together provides the opportunity to improve our organisational efficiency by streamlining communication, knowledge transfer and workflows, and enhance more collaboration between departments, with no more interruption due to relocations of leased premises,” said Dr Otto Poon, Chairman of Analogue Holdings Limited.

“We will also leverage the new office building to showcase our innovative technologies applied or self-developed for our core businesses, enhancing our people’s understanding of the Group’s services and competitive advantages through interactive elements. We believe the acquisition sets a significant milestone in both our business and people development.”

Toppy Tower, a 12-storey industrial building with a total gross floor area of approximately 124,555 square feet, is located at Nos. 45-51 Kwok Shui Road, Kwai Chung, New Territories. After completing the building’s revitalisation works, we shall work closely with different Business Units in the Group to ensure orderly and smooth staff relocation into this office building, with no disruptions to our services for clients.

This initiative is to consolidate the Group’s operations under one roof, creating synergy and higher efficiency among core business segments, as well as highlighting our confidence in Hong Kong’s long-term economic development in the post-pandemic era.

Upon completion of the acquisition, the industrial building will be revitalised into an office tower. Putting all our resources, management and staff together reduces traveling time between offices and makes it easier for our business units to work together. Efficient layout plans, which are more feasible in larger offices, can also improve teamwork, open up the opportunity to cross share and generate more innovative ideas that would not be easy with various locations.

The acquisition also echoes the positive sentiments outlined in the government policies which put forth various initiatives to create new opportunities and foster closer cooperation with the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Whilst the policies have further underscored the city’s positive prospects, ATAL, as a leading provider of electrical and mechanical (E&M) engineering services in Hong Kong and the region, is optimistic that the E&M engineering sector will see significant growth in the coming future. This is a timely step of ours to capture anticipated market opportunities in the post-pandemic era, particular in innovation and technology related sectors.

In the long run, the Group will leverage the new office building for community engagement, such as demonstrating our projects in innovation, technology and sustainability. With our competitive strengths in R&D and active adoption of innovative technologies such as Internet of Things (IoT) and Artificial Intelligence (AI), Building Information Modelling (BIM), Modular Integrated Construction (MiC) and Multi-trade Integrated Mechanical, Electrical and Plumbing (MiMEP), the building will be well positioned to become a hub of innovation expertise and experience against the positive backdrop of the government’s commitment to advocating innovation in the construction industry.

Analogue Holdings Limited announced its acquisition of Toppy Tower in Kwai Chung to meet the needs of the Group’s continuous development