tiprankstipranks
Company Announcements

AEON Credit Service Renews Gift Certificate Agreement with AEON Stores

Story Highlights
  • AEON Credit renews its Gift Certificate Agreement with AEON Stores for three years starting March 2025.
  • The renewal enhances operational synergy, requiring reporting and review but not shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AEON Credit Service Renews Gift Certificate Agreement with AEON Stores

Discover the Best Stocks and Maximize Your Portfolio:

AEON Credit Service (Asia) Co., Ltd. ( (HK:0900) ) has shared an update.

AEON Credit Service (Asia) Co., Ltd. has renewed its Gift Certificate Master Agreement with AEON Stores, another subsidiary, for three years starting March 2025. This agreement is deemed a continuing connected transaction under the Listing Rules, requiring reporting, announcement, and annual review but exempt from independent shareholders’ approval due to the applicable percentage ratios. The agreement will allow AEON Credit Service to continue meeting its growing demand for AEON Stores Gift Certificates, enhancing its operational synergy and potentially benefiting stakeholders by leveraging discounts based on purchase volumes.

More about AEON Credit Service (Asia) Co., Ltd.

YTD Price Performance: -0.34%

Average Trading Volume: 85,415

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$2.44B

Find detailed analytics on 0900 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1