AEON Credit Renews Connected-Party Lease for Tuen Mun Branch

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

AEON Credit Service (Asia) has renewed its trademark licence agreement with fellow subsidiary AEON Stores for the lease of a retail premises in Tuen Mun Town Plaza, Hong Kong. The one-year-and-one-day lease, running from 28 February 2026 to 28 February 2027, covers a 914-square-foot shop at a monthly licence fee of HK$301,903 plus rates, management fees and utility charges, all set with reference to prevailing market rents.

The transaction is classified as both a connected transaction and a continuing connected transaction under Hong Kong listing rules because AEON Stores is a related party and the lease must be recognised as a right-of-use asset under HKFRS 16. With an unaudited right-of-use asset value of about HK$3.58 million, the deal triggers reporting and announcement requirements but is exempt from independent shareholders’ approval, signalling a routine but regulated renewal that maintains AEON Credit’s physical presence while ensuring compliance with connected transaction rules.

The most recent analyst rating on (HK:0900) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on AEON Credit Service (Asia) Co., Ltd. stock, see the HK:0900 Stock Forecast page.

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

AEON Credit Service (Asia) Co., Ltd. is a Hong Kong-based consumer finance company that provides credit services and related financial products to retail customers in the region. The company operates within the wider AEON Group ecosystem, leveraging relationships with affiliated retail chains such as AEON Stores to support its branch network and customer-facing operations.

Average Trading Volume: 90,150

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.23B

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