Incorporated in 1996 and listed on the Main Board of Bursa Malaysia in 2007, Aeon Credit Service (M) Berhad provides consumer financing through easy payment and hire purchase schemes for consumer durables and motor vehicles as well as personal financing and credit cards in Malaysia. The company currently has a network of more than 12,000 participating merchant outlets nationwide and more than 4.6 million card members for various products.
Aeon Credit is a subsidiary of Aeon Financial Service Co., Ltd., Japan, which is in turn part of the Aeon Group of companies, a global retail and financial services group that operates in Japan, Southeast Asia, China and India.
Aeon Credit has enjoyed steady growth in revenue and profit over the years. An investor who bought the stock at the IPO price of RM2.50 in 2007 would have made over a 500% gain by the end of 2018, excluding dividends,
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