<SEC-DOCUMENT>0001213900-23-041320.txt : 20240729
<SEC-HEADER>0001213900-23-041320.hdr.sgml : 20240729
<ACCEPTANCE-DATETIME>20230519075314
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001213900-23-041320
CONFORMED SUBMISSION TYPE:	DRSLTR
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20230519

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Reitar Logtech Holdings Ltd
		CENTRAL INDEX KEY:			0001951229
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE OPERATORS (NO DEVELOPERS) & LESSORS [6510]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		DRSLTR

	BUSINESS ADDRESS:	
		STREET 1:		UNIT 801, 8/F, TOWER 2, THE QUAYSIDE
		STREET 2:		77 HOI BUN ROAD, KWUN TONG, KOWLOON
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			999077
		BUSINESS PHONE:		011 852 2554 5666

	MAIL ADDRESS:	
		STREET 1:		UNIT 801, 8/F, TOWER 2, THE QUAYSIDE
		STREET 2:		77 HOI BUN ROAD, KWUN TONG, KOWLOON
		CITY:			HONG KONG
		STATE:			K3
		ZIP:			999077
</SEC-HEADER>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"><IMG SRC="image_001.jpg" ALT="">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Morgan, Lewis &amp; Bockius</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">c/o Suites 1902-09, 19th Floor,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Edinburgh Tower, The Landmark</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">15 Queen&rsquo;s Road Central, Hong Kong</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Direct: +852.3551.8500</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Fax: +852.3006.4346</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">www.morganlewis.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">WRITER&rsquo;S DIRECT LINE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">+852.3551.8688</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">WRITER&rsquo;S EMAIL</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">louise.liu@morganlewis.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">May 19, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Confidential</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Frank Knapp</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ms. Jennifer Monick</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Ruairi Regan</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ms. Maryse Mills-Apenteng</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Division of Corporation Finance</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Office of Real Estate &amp; Construction</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">100 F Street, N.E.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Washington, DC 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Re:</B></FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Reitar Logtech Holdings Limited</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Response to the Staff&rsquo;s Comments on </B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>the Amendment No. 2 to Draft Registration Statement on Form F-1
    </B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Confidentially Submitted on April 24, 2023</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>CIK No. 0001951229</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Mr. Knapp, Ms. Monick, Mr. Regan and Ms. Mills-Apenteng:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On behalf of our client, Reitar Logtech Holdings
Limited, a foreign private issuer organized under the laws of the Cayman Islands (the &ldquo;<B>Company</B>&rdquo;), we submit to the
staff (the &ldquo;<B>Staff</B>&rdquo;) of the Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) this letter setting
forth the Company&rsquo;s responses to the comments contained in the Staff&rsquo;s letter dated May 11, 2023 on the Company&rsquo;s amendment
No. 2 to the draft registration statement on Form F-1 confidentially submitted on April 24, 2023 (the &ldquo;<B>Draft Registration Statement</B>&rdquo;).
Concurrently with the submission of this letter, the Company is submitting its revised draft registration statement on Form F-1 (the &ldquo;<B>Revised
Draft Registration Statement</B>&rdquo;) and certain exhibits via EDGAR to the Commission for confidential review pursuant to the Jumpstart
Our Business Startups Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 49%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Partners:<BR>
    Edwin Luk, June Chan, Connie Cheung, Keith Cheung*#,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">William Ho, Charles Mo, Billy Wong and Yan Zeng</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Registered Foreign Lawyers:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Eli Gao (New York), Maurice Hoo (California),</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Alice Huang (California), Mathew Lewis (New York),</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Louise Liu (New York), Vivien Yu (New South Wales),</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and Ning Zhang (New York)</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">*China-Appointed Attesting Officer<BR>
    #Notary Public of Hong Kong</P></TD>
    <TD STYLE="width: 28%; padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suites 1902-09, 19th Floor<BR>
Edinburgh Tower, The Landmark<BR>
15 Queen&rsquo;s Road Central<BR>
Hong Kong&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="width: 23%; padding-right: 5.75pt; padding-left: 5.75pt; font-size: 10pt"><IMG SRC="image_002.jpg" ALT=""><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;+852.3551.8500<BR>
<IMG SRC="image_003.jpg" ALT="">&nbsp;+852.3006.4346 </FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Staff&rsquo;s comments are repeated below in
bold and are followed by the Company&rsquo;s responses. We have included page references in the Revised Draft Registration Statement where
the language addressing a particular comment appears. Capitalized terms used but not otherwise defined herein have the meanings set forth
in the Revised Draft Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Risk Factors</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>&nbsp;<B>&ldquo;We have identified certain areas of inadequacy in
our internal control over financial reporting...&rdquo;, page 28.</B></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>1.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>We note your response to comment 3 and revised disclosure here and on page 74. Please explain to us your basis for re-categorizing the identified deficiencies in internal control over financial reporting from &ldquo;material weaknesses&rdquo; to &ldquo;certain areas of inadequacy.&rdquo;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">In response to the Staff&rsquo;s comment, the Company respectfully submits that (i) Mr. Ka Chai NG was appointed as the chief financial
officer of the Company in December 2022 and he is qualified as a Certificate Public Accountant in Hong Kong and experienced in International
Financial Reporting Standards (&ldquo;IFRS&rdquo;). During his time as an external auditor, Mr. Ng was responsible for various listed
companies&rsquo; audit and he has served as chief financial officer for a public company; (ii) Mr. Chi Wai SIU, who is a Chartered Financial
Analyst and a member of American Institute of Certified Public Accountants, and has served as an independent director of a company listed
in the U.S. market, will be appointed as an independent director upon listing; (iii) Mr. Ho Tung Armen HO, who is qualified as a Certificate
Public Accountant in Hong Kong and has adequate experience in reviewing financial statements and managing accounting functions in public
companies, will be appointed as an independent director upon listing; (iv) Mr. NG, Mr. SIU and Mr. HO have adequate experience in managing
the accounting functions in public companies who the Company believes are capable in overseeing its internal control over financial reporting;
and (v) it has taken initiatives to address its inadequacy by providing its relevant finance staff with appropriate training regarding
requirements of U.S. GAAP, which the Company believes can effectively reduce the risk of deficiencies in internal control over financial
reporting. Therefore, the Company considered the identified deficiencies, although being inadequacies that should be disclosed as a risk
factor in the Revised Draft Registration Statement, do not constitute any material weakness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Reitar Logtech Holdings Limited</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Notes to the Consolidated Financial Statements</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Note 2. Summary of Significant Accounting Policies and Practices</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Revenue Recognition, page F-35</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>We note your revised disclosure in response to comment 5. Please revise further to explicitly state that you record the utility fees passed through you from tenants to lessors on a net basis with no related amounts reflected on your income statements.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">In response to the Staff&rsquo;s comment, the Company has
revised the referenced disclosure on page F-35 of the Revised Draft Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Notes to the Unaudited Pro Forma Condensed Consolidated Financial
Information</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Note 1 - Pro forma adjustments, page F-49</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>3.</B></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>We note your response to our comment 7 and your revisions to your filing. Specifically, you state that the carrying amounts of right-of-use assets and operating lease liabilities are approximate to their respective fair values because it is discounted using an appropriate interest rate. Please clarify how you determined such items are discounted using an appropriate interest rate. In this regard, please clarify how you determined that the interest rate is unchanged from when such items were initially recorded by Reitar Capital Partners Limited. Your response should address, but not be limited to, any changes in external interest rates.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">In response to the Staff&rsquo;s comment, the Company respectfully
submits the following accounting analysis:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">ASC 842-20-30-2 through 30-4 provides guidance with respect
to the selection of a discount rate for purposes of calculating the present value of the lease liability. Because the rates implicit in
most of the leases of Reitar Capital Partners Limited (&ldquo;Reitar Capital&rdquo;) are not readily determinable, Reitar Capital uses
estimated incremental borrowing rate as the discount rate. The incremental borrowing rate is based on the estimated rate of interest for
a collateralized borrowing over a similar term as the lease payments. The incremental borrowing rate reflects the fixed rate at which
Reitar Capital could borrow a similar amount in the same currency, for the same term, and with similar collateral as in the lease at the
acquisition date, i.e., November 9, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">The Company noticed that there was an increase in prime rate
from 5% to 5.375% in Hong Kong from November 4, 2022. The Company has performed detailed analysis on whether the change of prime rate
would affect the fair value of right-of-use assets and operating lease liabilities. The fair value of right-of-use assets and operating
lease liabilities were HK$466,890,566 (US$59,609,392) and HKD466,883,614 (US$59,608,505), after considering the change of prime rate.
There is decrease of 3,932,369 (US$502,058) and HK$3,939,321 (US$502,945) of the fair value of right-of-use assets and operating lease
liabilities from HK$470,822,935 (US$60,111,450) under the original calculation. The net difference is HK$6,952 (US$887) and the Company
believes that the difference is immaterial as it amounts to only 0.6% (HK$3,932,369/HK$654,131,846) of the total asset of the combined
group and there is no material impact on the net asset value of Reitar Capital.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">The Company performed an analysis on potential impact to goodwill
if revising the discount rate. The net decrease of HK$6,952 (US$887) from change of discount rate of right-of-use assets and operating
lease liabilities will eventually increase the goodwill amount by HK$6,952 (US$887), given that the purchase consideration is not changed.
The Company believes that no goodwill should be arisen from the right-of-use assets and lease liabilities as the change of discount rate
would not have actual economic benefits and cash flow effects to Capital Partner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">The Company also considered the change of economic environment
in Hong Kong in determine the appropriate discount rate. Staring from the third quarter of 2022, the Hong Kong Government relaxed certain
prevention measures of COVID-19. Such actions have positive effect to the rental value of properties in Hong Kong and affected the interest
rate charged by the bank to borrowers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">Based on the above analysis, the Company believes that it
is appropriate to use the original discount rate for the calculation of the fair value of right-of-use assets and operating lease liabilities
at the acquisition date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If you have any questions regarding the Revised
Draft Registration Statement, please contact the undersigned by phone at +852.3551.8688 or via e-mail at louise.liu@morganlewis.com or
Mr. William Ho at +852.3551.8513 or via e-mail at william.ho@morganlewis.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Very truly yours</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 4%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">By:</FONT></TD>
    <TD STYLE="width: 36%; border-bottom: black 1.5pt solid">/s/ Louise L. Liu</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Louise L. Liu</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Partner</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">cc:</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Kin Chung Chan, Chairman and Chief Executive Officer, Reitar Logtech Holdings Limited</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Ka Chai Ng, Chief Financial Officer, Reitar Logtech
Holdings Limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">William Ho, Esq., Partner, Morgan, Lewis &amp;
Bockius</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Ross David Carmel, Esq., Partner, Carmel, Milazzo&nbsp;&amp;
Feil LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">4</P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
