Dolla Completes Acquisition of Evolve Loan Co. Portfolio from SVL

• Dolla Financial Services Limited (DOLLA) has completed the acquisition of the loan portfolio of Evolve Loan Co. Limited, effective June 30, 2026. The acquired portfolio has an approximate gross value of J$700.0Mn and comprises approximately 1,800 customer relationships.
• DOLLA said the acquisition supports its strategy to expand its loan portfolio, grow its customer base, and strengthen long-term shareholder value. The Company also said it will provide further market updates as required under its continuous disclosure obligations.
• On the other side of the transaction, Supreme Ventures Limited (SVL) said the transaction forms part of its strategic initiative to optimise its financial services operations. The decision to let go of Evolve Loan Co. Ltd. allows SVL to reallocate resources toward the development of more efficient, innovative, and technology-driven financial solutions.
• SVL noted that it remains committed to expanding its digital financial services ecosystem and delivering enhanced value to its customers and shareholders through innovative products and solutions. This divestment sharpens SVL’s strategic focus on its core gaming and lottery franchise and technology-driven financial services, which could potentially drive further gains in earnings.
• DOLLA and SVL have both climbed year-to-date, appreciating 6.6% and 5.0%, to close at $2.92 and $18.15, respectively, on Tuesday, July 7, 2026. At these prices, DOLLA trades at a price-to-earnings (P/E) ratio of 10.8x, below the Junior Market Financial average of 13.3x. On the other hand, SVL’s price-to-book value (P/B) of 9.4x exceeds its Entertainment Sector peer, Palace Amusement Co. Ltd. (0.57x).

(Sources: Dolla Financial Services Limited, Supreme Ventures Limited & NCBCM Research)