San Miguel Brewery HK Ltd. (HK:0236) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
San Miguel Brewery HK Ltd. has renewed its trademark license agreement with SMBIL, extending its exclusive rights to use San Miguel trademarks for beer production, sale, and distribution in Hong Kong and Macau until 2027. The updated agreement maintains the same territorial coverage and trademarks but revises the royalty rate and payment terms. This strategic move ensures San Miguel’s continued presence in these competitive markets, with annual royalties expected to remain below HK$10 million.
For further insights into HK:0236 stock, check out TipRanks’ Stock Analysis page.