Jaya Holdings S$237.6 million acquisition of Heduru Moni

Overview:

• Jaya Holdings has acquired Heduru Moni for S$237.6 million from Bernard Chan, Tan Siew Ann Jason, Lee Chan Beng, David John Kelso and Gajanan Pandurang Barve.
• Heduru Moni is a financial institution licensed and regulated by the Bank of Papua New Guinea.
• It operates in Port Moresby and is the largest micro-lender in Papua New Guinea engaging in the provision of personal loans, asset financing, term deposits and foreign currency payments.  

Katrin Kostadinova - Data analyst