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Sumitomo Mitsui Card Takes Controlling Stake in V Point
Sumitomo Mitsui Financial Group, Sumitomo Mitsui Card Company, Culture Convenience Club, and CCCMK Holdings have reached an agreement regarding the capital restructuring of CCCMKHD, which operates "V Point." Sumitomo Mitsui Card will acquire additional shares of CCCMKHD, making CCCMKHD a subsidiary of Sumitomo Mitsui Card. Also, through CCCMKHD&