timezonearcade| AEON (00984.HK) plans to sell 1.6545 million shares of AEON Credit Shares at HK$9.993 million

Gelonghui May 17 丨 Aeon (00984timezonearcade.HK) Announcementtimezonearcade, on May 17, 2024, the Company (as seller) and the Buyer (AEON Financial Services (Hong Kong) Co., Ltd.) entered into the agreement, pursuant to which the Company agreed to sell and the Buyer agreed to purchase the Sale Shares (i.e. 1,654,500 AEON Credit Shares, representing approximately 0.0% of the total issued Shares as of the date of this announcementtimezonearcade.40%), each sale share was priced at HK$6.04, for a total consideration of HK$9.993 million (before deducting transaction costs).

According to AEON CredittimezonearcadeThe directors believe that the disposal is an opportunity to realize the company's investment in part of the sold shares, thereby enhancing the Group's cash position and allowing the Group to reallocate more financial resources to the Group's general working capital.

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