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AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ) has issued an update.
AEON Stores (Hong Kong) Co., Limited announced that its subsidiary, AEON GD, has entered into a lease agreement for premises in Dongguan, Guangdong Province, China, to operate its retail business. The lease, valued at approximately RMB9.51 million as a right-of-use asset, spans 12 years and 6 months. This transaction is considered a discloseable transaction under Hong Kong’s Listing Rules, requiring notification and announcement but exempt from shareholder approval. The lease agreement signifies AEON’s strategic expansion in the region, potentially enhancing its market presence and operational capacity.
More about AEON Stores (Hong Kong) Co., Limited
AEON Stores (Hong Kong) Co., Limited operates in the retail industry, focusing on providing a wide range of consumer goods through its stores. The company is known for its retail operations in Hong Kong and other regions, offering products that cater to everyday consumer needs.
YTD Price Performance: -7.78%
Average Trading Volume: 342,903
Technical Sentiment Signal: Sell
Current Market Cap: HK$107.9M
Learn more about 0984 stock on TipRanks’ Stock Analysis page.