San Miguel Brewery Hong Kong (HKG:0236) agreed to renew its SMBIL-SMBHK trademark license agreement with San Miguel Brewing International for another three years, ending on Dec. 31, 2027, a Monday Hong Kong bourse filing said.
The company had been using the San Miguel-related trademarks in the production, sale, and distribution of beer in Hong Kong and Macau for three years under the parties' 2021 trademark license agreement.
As the current agreement expires on Dec. 31, the parties have decided to renew the agreement for another three years.
Under the agreement, the company will pay SMBIL one percent of the net sales of all of its products bearing the trademark.
The brewery's shares closed over 1% higher on Monday.
Price (HKD): $0.94, Change: $+0.0100, Percent Change: +1.08%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。