Carsome and JACCS to offer auto financing


JACCS and Carsome Capital will be partnering to offer tailored financing in Malaysia.

PETALING JAYA: Carsome Group Inc had entered into a strategic partnership with Japan-based consumer finance firm, Japan Consumer Credit Serve Co Ltd (JACCS), as a move to introduce auto financing solutions in Malaysia.

As part of the agreement, JACCS will invest and own a 49% stake in Carsome’s financing arm, Carsome Capital Sdn Bhd, while Carsome will continue to hold the majority 51% stake.

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