Trade ME Group Ltd. (NZSE:TME) acquired a 15% stake in HarMoney Corp Limited for NZD 7.7 million on January 12, 2015. NZD 2 million was paid as a deposit prior to balance date. As part of the shareholding, Trade Me will appoint a Director to join the Harmoney Board of Directors. Trade Me Chief Financial Officer Jonathan Klouwens would take on this role.

Trade ME Group Ltd. (NZSE:TME) completed the acquisition of a 15% stake in HarMoney Corp Limited on January 12, 2015.