Currently, the Company’s vision is ‘Digital Finance Platform Provider for Billions’ in ASEAN and beyond.
In the year 2012, the Company had expanded its business into Cambodia
with first Finance Leasing License from National Bank of Cambodia and had
received exclusive rights of HONDA motorcycle leasing in Cambodia and also
signed MOU to become business partnership with Siam Kubota Corporation
Co.,Ltd., the leading manufacturer of agricultural equipment in Cambodia. The
business model in Cambodia is the ‘Digital Finance Platform Provider’, a
combination of Technology Oriented model with originally developed software
‘E-Finance’ and Site-Job Oriented model with widespread and high density Point
of Sales (POS) network. From GL point of view, in ASEAN the ‘Emerging Volume
Zone’ or currently increasing new Middle class population in rural areas are the
key to success and it’s target for business expansion is the ‘Emerging Volume
Zone Consumers’ and the products suppliers to them. The Technology Oriented
software network and POS network had planned to be and is operating Low-Opex,
Assets-light, and Expand Fast.
In Laos, the operation started in May 2015 along with same business model
as which of Cambodia, and already contributed to the consolidated net profits just
after 4 month operation with achieving top market share. Moreover, the company
is in process of starting up its business in Indonesia where the most populated
country in ASEAN region.