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.
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