Fintech solution for Leasing industry
Renet Japan Group Inc, a publicly listed Japanese company that specialises in the recycling and reuse of consumer products, will establish a joint venture with a Japanese financial services firm to launch a new leasing company in Cambodia, it said in a filing yesterday to the Tokyo Stock Exchange.
The joint venture partnership with SBI Holdings Inc will establish Mobility Finance Cambodia Plc with $500,000 capital, according to the filing. SBI Holdings will take a 49 percent stake in the new company.
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(The article is originally from Post Khmer/ Phnom Penh Post)