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Veto Aeon Credit loan to parent
We urge Aeon Credit (0900) to withdraw its proposal to lend money to its parent, instead pay a special dividend of the funds which are clearly surplus to requirements. and to announce the consolidation of its greater China business and stop the parent competing with the child. If not withdrawn, then we urge independent shareholders to vote against, and to watch out for the timing of the notice period and vote before the Chinese New Year holidays.