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Communique of Cim Finance Ltd - 30 Jan 2017

Following the media release issued by the Competition Commission of Mauritius (CCM), Cim Finance Limited (CFL) can confirm that it has been in discussions with CCM for several months in relation to the Hire Purchase (HP) market and in particular with respect to the merchant discounts charged by CFL to support its point-of-sale (POS) financing activities.