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An update from Ajisen (China) Holdings Limited ( (HK:0538) ) is now available.
Ajisen (China) Holdings Limited announced a temporary reduction in franchise fees for its operations in Hong Kong and Mainland China under new supplemental franchise agreements with Shigemitsu Industry. The adjustments, effective from January 2025 to December 2026, will see fees reduced from HK$7,000 to HK$5,000 per store in Hong Kong and from RMB3,500 to RMB2,500 per store in Mainland China, while other terms of the franchise agreements remain unchanged.
More about Ajisen (China) Holdings Limited
Ajisen (China) Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the food industry. It holds exclusive franchise rights to operate Ajisen Ramen restaurants in Mainland China, Hong Kong, and Macao under a perpetual agreement with Shigemitsu Industry.
Average Trading Volume: 659,514
Technical Sentiment Signal: Buy
Current Market Cap: HK$982.4M
See more insights into 0538 stock on TipRanks’ Stock Analysis page.