Premium Group Co., Ltd. (JP:7199) has released an update.
Premium Group Co., Ltd. has become the largest shareholder in AND Financing Corporation, a Philippine consumer finance service provider, through a capital contribution made by its subsidiary Premium Co., Ltd. in collaboration with Marubeni Corporation. The investment aims to leverage AND Financing Corporation’s digital expertise in online consumer finance and support Premium Group’s business growth and digital transformation efforts. This strategic move aligns with Premium Group’s ongoing investments in fintech, including its previous investment in AND Global, AND Financing Corporation’s parent company.
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