Friday, June 18, 2010

Aeon Credit to launch online shopping mall, prepaid card business, says MD

KUALA LUMPUR: AEON CREDIT SERVICE (M) BHD [] aims to launch two new ventures, namely their online shopping mall business in the first quarter of 2011 and their prepaid card business in the financial year ended February 2012 (FY2012), said its managing director Yasuhiro Kasai.

The overall investment to upgrade the IT systems infrastructure, necessary to set up the new ventures, will cost RM40 million, he told reporters after the group's AGM on Tuesday, June 15.

Aeon Credit will collaborate with Jusco and other merchants in its new online mall, he added.

The prepaid card business, on the other hand, will see Aeon appointing designated channels to help service consumers and "top up" their prepaid cards, said executive director of finance, legal and administration S Krishnappan.


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