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AEON Credit Service (Asia) Co., Ltd. ( (HK:0900) ) has shared an update.
AEON Credit Service (Asia) Co., Ltd. has renewed its TM Licence Agreement with AEON Stores for another year, starting from February 28, 2025, for the lease of premises in Tuen Mun, Hong Kong. This renewal constitutes a connected transaction under Hong Kong listing rules, with the lease recognized as a right-of-use asset valued at approximately HK$3,470,000. The agreement, which includes a monthly licence fee of HK$295,983, is subject to reporting and announcement requirements but is exempt from independent shareholders’ approval.
More about AEON Credit Service (Asia) Co., Ltd.
AEON Credit Service (Asia) Co., Ltd. operates in the financial services industry, primarily offering credit services and related financial products. The company focuses on providing consumer credit services in the Asian market, with a particular emphasis on Hong Kong.
YTD Price Performance: 2.23%
Average Trading Volume: 89,459
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$2.5B
Find detailed analytics on 0900 stock on TipRanks’ Stock Analysis page.