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AEON Stores Signs Tenancy for New Retail Outlet in Hong Kong

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AEON Stores Signs Tenancy for New Retail Outlet in Hong Kong

Confident Investing Starts Here:

AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ) has provided an announcement.

AEON Stores (Hong Kong) Co., Limited has announced the signing of a tenancy agreement for a new retail store in Kowloon, Hong Kong, under the trade name ‘ものもの Mono Mono’. The agreement, which spans six years starting from June 2025, will see the company recognize the premises as a right-of-use asset valued at approximately HK$8.3 million. This transaction is classified as discloseable under the Listing Rules due to its value, necessitating notification and announcement but not shareholder approval.

More about AEON Stores (Hong Kong) Co., Limited

AEON Stores (Hong Kong) Co., Limited is primarily engaged in the operation of general merchandise stores in Hong Kong and the PRC.

YTD Price Performance: -11.11%

Average Trading Volume: 99,108

Technical Sentiment Signal: Sell

Current Market Cap: HK$104M

Learn more about 0984 stock on TipRanks’ Stock Analysis page.

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