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AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ) has issued an update.
AEON Stores announces a discloseable transaction involving a lease agreement for premises in Guangzhou, China, for its subsidiary AEON GD to operate a general merchandise store. The agreement, valued at approximately RMB13 million as a right-of-use asset, is classified under the Listing Rules as a discloseable transaction, requiring notification and announcement but not shareholder approval, impacting the company’s asset acquisition and strategic positioning in the retail market.
More about AEON Stores (Hong Kong) Co., Limited
AEON Stores (Hong Kong) Co., Limited is engaged in the operation of general merchandise stores, focusing on the markets in Hong Kong and the People’s Republic of China (PRC).
YTD Price Performance: -28.95%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.77M
Learn more about 0984 stock on TipRanks’ Stock Analysis page.
