---
title: "MUFG-backed JACCS enters Singapore via 49% stake in CarTimes Capital"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281963823.md"
description: "JACCS Co., Ltd. has acquired a 49% stake in CarTimes Capital Pte Ltd, marking its entry into Singapore as its sixth ASEAN market. This acquisition, supported by Mitsubishi UFJ Financial Group, was announced in February. Following the investment, JACCS, CarTimes Group, and CARSOME Group Inc have formed a strategic auto financing partnership to provide structured financing solutions for consumers and dealers. The partnership aims to enhance transaction flow while adhering to Singapore's credit standards, as stated by Eddie Loo, Founder and Managing Director of CarTimes Group."
datetime: "2026-04-08T03:00:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281963823.md)
  - [en](https://longbridge.com/en/news/281963823.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281963823.md)
---

# MUFG-backed JACCS enters Singapore via 49% stake in CarTimes Capital

**The group has also entered a strategic auto financing partnership.**

JACCS Co., Ltd. has acquired a 49% stake in CarTimes Capital Pte Ltd, marking its entry into Singapore as its sixth ASEAN market.

The acquisition, announced in February, is supported by the Mitsubishi UFJ Financial Group.

Following the investment, JACCS, CarTimes Group, and CARSOME Group Inc have entered a strategic auto financing partnership.

The collaboration, anchored through CarTimes—a majority-owned subsidiary of CARSOME—will provide structured financing solutions for both consumers and dealers while maintaining credit standards aligned with Singapore.

“In a market defined by structure and transparency, how financing is aligned plays an important role in enabling vehicle purchases,” said Eddie Loo, Founder and Managing Director of CarTimes Group.

Loo added that the partnership is intended to support a more consistent flow of transactions.

The agreement signing was witnessed by Toru Hotta, Deputy Chief of Mission & Minister, Embassy of Japan in Singapore.

### Related Stocks

- [VI2.SG](https://longbridge.com/en/quote/VI2.SG.md)
- [8306.JP](https://longbridge.com/en/quote/8306.JP.md)
- [8584.JP](https://longbridge.com/en/quote/8584.JP.md)
- [MUFG.US](https://longbridge.com/en/quote/MUFG.US.md)

## Related News & Research

- [Japan signs first $2.2 billion loan under $550 billion US investment pledge](https://longbridge.com/en/news/284873271.md)
- [Singapore and France to discuss mutual areas of security concerns like scams, radicalisation](https://longbridge.com/en/news/284406367.md)
- [ACRES Commercial Realty Corp. Announces Agreement to Internalize Management and Acquire ACRES Capital Corp. | ACR Stock News](https://longbridge.com/en/news/284743311.md)
- [08:15 ET
			
			
				MUFG strengthens trade finance workflows in the Americas by integrating Komgo's Konsole APIs](https://longbridge.com/en/news/273235500.md)
- [New MUFG Leaders May Steer Capital Priorities For Undervalued Shares](https://longbridge.com/en/news/279133335.md)