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AEON Credit Service Renews Brand Royalty Agreement with AFS Japan

Story Highlights
  • AEON Credit Service renews its Brand Royalty Agreement with AFS Japan for one year.
  • The agreement involves a 0.375% royalty on operating revenue, ensuring brand continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AEON Credit Service Renews Brand Royalty Agreement with AFS Japan

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

AEON Credit Service (Asia) Co., Ltd. has renewed its Brand Royalty Agreement with AFS Japan, allowing the continued use of AEON Trademarks for another year from March 2025 to February 2026. This renewal, part of a continuing connected transaction, involves a royalty payment calculated at 0.375% of the company’s audited consolidated operating revenue. The agreement, which does not require independent shareholders’ approval due to its size, ensures the company maintains its brand presence and operational continuity in its market.

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

AEON Credit Service (Asia) Co., Ltd. operates in the financial services industry, focusing on providing credit and financial products. The company is known for leveraging the AEON brand to offer a range of financial solutions across its market territory.

YTD Price Performance: 1.20%

Average Trading Volume: 84,062

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$2.47B

See more insights into 0900 stock on TipRanks’ Stock Analysis page.

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