AEON Stores Announces Disposal of Shares in AEON Credit to Strengthen Cash Position

Reuters07-28

AEON Stores Announces Disposal of Shares in AEON Credit to Strengthen Cash Position

AEON Stores (Hong Kong) Co. Limited has announced the disposal of a portion of its shares in AEON Credit, a company listed on the Hong Kong Stock Exchange. The transaction involves selling shares to AEON Financial Service (Hong Kong) Co., Limited, a company that already holds a significant stake in AEON Credit. The Group, primarily operating retail businesses in Hong Kong and the PRC, views this divestment as an opportunity to strengthen its cash position and reallocate financial resources towards its general working capital. The Directors of AEON Stores have expressed that the terms of the sale are fair, reasonable, and in the company's best interest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEON Stores (Hong Kong) Co. Limited published the original content used to generate this news brief on July 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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