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HKTV (01137) to buy automation system at HK$141m
Hong Kong Television Network (HKTV) (said it will acquire from Schaefer Systems international
Ltd. an automation system at EUR14.41 milion plus HK$8.37 million (equivalent  to about HK$14
 million).
  The automation system comprises a conveying system, an automatic picking system, an
automatic storage and retrieval system and tote handling systems including the software
for the material flow control and automatic management.
  HKTV believes the automation system to be installed in HKTV Multimedia and Ecommerce 
Centre, located at No.1 Chun Cheong Street, Tseung Kwan O Industrial Estate, will
significantly improve the operational efficiency and enhance the order handling capacity 
to meet the increasing demand of the growing online shopping market.

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