AEON Stores (Hong Kong) Co., Limited (HK:0984) has released an update.
AEON Stores (Hong Kong) Co., Limited has secured a major transaction with the signing of a supplemental agreement to lease additional retail space in Guangzhou, China, until October 2039. This agreement, valued at approximately RMB33.9 million, expands AEON’s retail footprint, marking a significant asset acquisition for the company. The deal, unanimously approved by shareholders, highlights AEON’s strategic growth in the Chinese market.
For further insights into HK:0984 stock, check out TipRanks’ Stock Analysis page.