AEON Stores Revises Annual Caps with New ATV China Agreement

An update from AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ) is now available.

AEON Stores (Hong Kong) Co., Limited has entered into a new ATV China Master Service Agreement with ATV China, a subsidiary of ATV Japan, to address recent geopolitical risks and other factors. This agreement, effective from June 1, 2025, introduces different pricing terms for transactions between the ATV China Group and AEON Stores. Consequently, the company has revised its annual caps to include the ATV China Proposed Annual Caps, which affects its reporting and approval requirements under the Hong Kong Listing Rules. An Independent Board Committee and an independent financial adviser will evaluate the fairness of these caps, and an Extraordinary General Meeting will be convened 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 and services. The company is part of the AEON Group, a major retail conglomerate, and is involved in transactions with its subsidiaries, ATV Japan and ATV China.

Average Trading Volume: 99,108

Technical Sentiment Signal: Sell

Current Market Cap: HK$104M

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