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AEON Stores Expands Retail Operations with New Lease Agreement
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AEON Stores Expands Retail Operations with New Lease Agreement

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Invest with Confidence:

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

AEON Stores (Hong Kong) Co., Limited has announced a significant lease agreement for its subsidiary, AEON GD, which involves leasing premises in Guangdong Province for a term of over ten years. This transaction, valued at approximately RMB17.9 million for the right-of-use asset, will allow AEON GD to expand its retail operations and is considered a discloseable transaction under the Listing Rules, requiring notification and announcement but not shareholders’ approval.

More about AEON Stores (Hong Kong) Co., Limited

AEON Stores (Hong Kong) Co., Limited operates in the retail industry, providing a wide range of consumer goods and services through its stores in Hong Kong and other regions.

YTD Price Performance: -37.50%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €12.44M

See more insights into 0984 stock on TipRanks’ Stock Analysis page.

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