Pawnshop chain ValueMax Group has launched its third tranche of digital securities under its commercial paper (CP) programme on ADDX Exchange.
The issuance is priced at a coupon of 3.0% per annum and matures three months from the date of issuance.
The company says it expects to raise between $10 million and $20 million from both accredited and institutional investors.
As at 9.25am, shares in ValueMax are trading flat at 34.5 cents.
