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AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ) just unveiled an update.
AEON Stores (Hong Kong) Co., Limited has agreed to renew the tenancy for its long-standing retail premises at Tseung Kwan O Plaza, where it has operated since 2009, for a term from 1 January 2026 to 30 November 2027. The new lease, subject to countersignature by the landlord’s agent, carries base rent of about HK$21.6 million plus potential turnover rent and requires a HK$6.4 million deposit, and under HKFRS 16 will result in recognition of a right-of-use asset of approximately HK$20.4 million, classifying the arrangement as a discloseable transaction under Hong Kong listing rules that does not require shareholder approval; the deal underscores AEON’s continued commitment to this key retail location and its reliance on internal resources to support ongoing store operations.
The most recent analyst rating on (HK:0984) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on AEON Stores (Hong Kong) Co., Limited stock, see the HK:0984 Stock Forecast page.
More about AEON Stores (Hong Kong) Co., Limited
AEON Stores (Hong Kong) Co., Limited operates general merchandise stores in Hong Kong and mainland China, offering supermarket, general merchandise, entertainment, and food and beverage services within large retail premises and shopping malls.
YTD Price Performance: -7.78%
Average Trading Volume: 57,760
Technical Sentiment Signal: Hold
Current Market Cap: HK$107.9M
For a thorough assessment of 0984 stock, go to TipRanks’ Stock Analysis page.