Petting Jaya: Carsom Group Inc., Southeast Asia’s largest integrated car e-commerce platform, and JACCS Company Limited (Japan Consumer Credit Service), a global consumer finance company and member of Mitsubish UFJ Financial Group, Carsom Capital SDN BHD, Participation through, the financing of the carcames.
As part of this strategic partnership, JACCS will invest in Carsom Capital and will be the owner of 49% stake.
The Carsom Group will continue the majority of 51% stake.
Partnership has long been expected of JACCS and the international resources with the ecosystem and local knowledge of Carsom Capital, to emphasize the undested segment, to introduce the tilated financing solutions in Malaysia.
The partnership will facilitate the transfer of knowledge to customize risk assessment, increase credit regime and implement the best practices that strengthen financial stability and portfolio performance.
“Carsom has been honored for partnership with a global consumer finance company JACCS. They mark their strategic entry into Malaysia through our partnership, ”said Eric Cheng, co-founder and CEO of Carsom Group.
“By combining the comprehensive expertise of JACCs with the ecosystem of Carsom, we aim to redefine mobility financing experience, empower communities and run economic growth throughout the region.”
“We have carefully evaluated the motor vehicle and financing landscape in Southeast Asia, and are excited about this
Long -term development capacity in the region, ”said Rio Murakami (PIC), Chairman and Representative Director of JACCS.
“We believe
Then in other Southeast Asian markets.
“Our investment in Carsom Capital underlines our commitment to create our trust in this partnership and a long -term price in the motor vehicle financing industry.”
Carsom Capital Malaysia Managing Director Nicholas Wong said: “This cooperation allows us to continue the service of unwanted and undescribed markets in Malaysia, a section that we have always done in the heart of what we do.
“We are excited to work with JACCS to introduce additional capabilities and technologies such as artificial intelligence-operated credit assessments to expand the dealers to the finance.
Those who buy wholesale inventory from us to maintain their business, as well as the end-grab who believe in our vehicles. ,
Established in Hakodette, Japan in 1954, JACCS is a reliable name in Consumer Finance, Japan and globally, offers a wide range
Solutions
Credit card for auto and housing loans.
A member of the Mitsubishi UFJ Financial Group (MUFG), JACCS has established a strong presence in Japan and ASEAN development markets, including Indonesia, Philippines, Vietnam and Cambodia.
