ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Appliance recycler RenetJapan to buy Cambodian microlender

Deal reinforces sustainable development push in Southeast Asia

TOKYO -- Used-goods dealer RenetJapanGroup is purchasing most of Cambodia's Chamroeun Microfinance as a way to expand its sustainable development business in Southeast Asia.

RenetJapan will acquire 90% ownership by August in a deal seen valued at around 1 billion yen ($9.21 million). The acquisition will help it grow operations in the region, such as inclement weather disaster insurance and solar power financing.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more