Veeko inks right-to-use deal for new “MORIMOR by colourmix” cosmetics shop

The latest update is out from Veeko International Holdings Limited ( (HK:1173) ).

Veeko International Holdings has entered into a right-to-use agreement, under which its wholly owned retail subsidiary will operate a “MORIMOR by colourmix” shop in a Hong Kong shopping mall from 13 April 2026 for about one year. The store, measuring roughly 1,520 square feet, will carry cosmetics, skincare, fragrances, health supplements, body care and related accessories, with a monthly base fee of HK$334,400 plus turnover-based, management, promotion and streetmosphere charges, funded from internal resources.

Under HKFRS 16, the arrangement will be recognised as a right-of-use asset, meaning the deal is treated as an asset acquisition for listing rule purposes and qualifies as a discloseable transaction. As one of the applicable percentage ratios exceeds 5% but is below 25%, the agreement triggers reporting and announcement requirements under Hong Kong listing rules, underscoring the transaction’s moderate scale and its role in expanding Veeko’s cosmetics retail footprint.

The most recent analyst rating on (HK:1173) stock is a Hold with a HK$0.03 price target. To see the full list of analyst forecasts on Veeko International Holdings Limited stock, see the HK:1173 Stock Forecast page.

More about Veeko International Holdings Limited

Veeko International Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates retail businesses that include cosmetics and personal care products. Through its wholly owned subsidiary Colourmix, the group focuses on the display and retail sale of cosmetics, skincare, fragrances, health supplements and related accessories under branded concepts in Hong Kong shopping malls.

Average Trading Volume: 1,459,473

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$75.54M

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