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JACCS to Acquire Stake in Malaysian Finance Firm Carsome Capital

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JACCS to Acquire Stake in Malaysian Finance Firm Carsome Capital

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The latest update is out from Jaccs Co., Ltd. ( (JP:8584) ).

JACCS Co., Ltd. has announced its decision to acquire a 49% stake in Carsome Capital Sdn. Bhd., a Malaysian finance company under Carsome Sdn. Bhd., to expand its presence in the Malaysian market. This strategic move aligns with JACCS’s ongoing efforts to enhance its corporate value and pursue growth opportunities in Southeast Asia, leveraging its extensive experience in the sales finance sector.

More about Jaccs Co., Ltd.

JACCS Co., Ltd. operates in the financial services industry, focusing on sales finance, including installment sales. The company has expanded its operations across Southeast Asia, including Vietnam, Indonesia, the Philippines, and Cambodia, as part of its growth strategy.

YTD Price Performance: -4.10%

Average Trading Volume: 100,060

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen129.7B

Learn more about 8584 stock on TipRanks’ Stock Analysis page.

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