RRJ Capital Invests in Credit Card Maker Jing King
May 01, 2014
RRJ Capital has invested around $50 million for a significant minority stake in Jing King Technology, a maker of credit, debit and SIM cards. Company chairman and CEO Lennon Tan will continue to hold a controlling position going forward. Accredited by Visa, Mastercard and American Express, Jing King also makes smart cards, and has customers ranging from Chinese banks to global telecommunications operators.