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The latest announcement is out from AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ).
AEON Stores (Hong Kong) Co., Limited has entered into two significant agreements with ATV Japan, namely the Master Licence Agreement and the Master Service Agreement, effective from 1 March 2025 to 31 December 2027. These agreements involve the licensing of TopValu Trademarks and provision of services at specified fees, marking a continuation of their business relationship. The transactions are classified as continuing connected transactions under the Listing Rules, necessitating approval from Independent Shareholders and compliance with reporting and review requirements. An Independent Board Committee and a financial adviser will guide the shareholders on the fairness of the proposed terms, with an Extraordinary General Meeting (EGM) scheduled to seek shareholder approval.
More about AEON Stores (Hong Kong) Co., Limited
AEON Stores (Hong Kong) Co., Limited operates in the retail industry, focusing on providing a variety of consumer goods through its department stores and supermarkets. The company is part of the AEON Group, a major retail conglomerate in Asia, and is known for its diverse product offerings and customer-centric services.
YTD Price Performance: -32.50%
Average Trading Volume: 6,941
Technical Sentiment Signal: Buy
Current Market Cap: €11.89M
For an in-depth examination of 0984 stock, go to TipRanks’ Stock Analysis page.