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AEON Stores Ends Shenzhen Lease Early, Adjusts Asset Value
Company Announcements

AEON Stores Ends Shenzhen Lease Early, Adjusts Asset Value

AEON Stores (Hong Kong) Co., Limited (HK:0984) has released an update.

Invest with Confidence:

AEON Stores (Hong Kong) Co., Limited has announced the early termination of a long-term tenancy agreement for premises in Shenzhen, China, effective April 2025. This decision will result in the derecognition of a right-of-use asset valued at approximately RMB8.6 million, classifying the transaction as a discloseable under Hong Kong’s Listing Rules. This move reflects AEON’s strategic adjustments in its operational footprint.

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