MoneyMax Financial Services

Results

Moneymax posts 1Q earnings surge 85.9% to $2.17 mil on higher revenue and other gains

SINGAPORE (May 15): Moneymax Financial Services announced that its 1Q18 earnings have increased by 85.9% to $2.17 million, compared to $1.17 million in 1Q17.

MoneyMax launches cross-border online 'live' auction platform

SINGAPORE (May 9): MoneyMax Financial Services has launched an online ‘live’ auction platform for the trading of luxury goods, including branded merchandise, gold, and diamonds.

Results

Moneymax posts 46.1% rise in 4Q earnings to $2.25 mil on higher revenue and other gains

SINGAPORE (Feb 28): Moneymax Financial Services reported 4Q17 earnings increased by 46.1% to $2.25 million compared to $1.54 million in 4Q16.

MoneyMax to acquire stakes in 13 entities of Malaysian pawn broker for total $18.3 mil

SINGAPORE (Nov 14): MoneyMax Financial Services’ wholly-owned subsidiary Cash Online has entered into sale and purchase agreements to acquire interests in 13 entities of a pawn broking chain in Malaysia for a total of MYR 56.6 million ($18.3 million).

Results

MoneyMax says 3Q earnings up 6% to $1.8 mil on higher revenue

SINGAPORE (Nov 8): Pawnbroking chain MoneyMax Financial Services saw 3Q ended September earnings grow 6% to $1.8 million from $1.7 million a year ago.

Sector Focus

MoneyMax partners Japanese listco to develop online B2B auction site

SINGAPORE (Sept 22): MoneyMax Financial Services, the Catalist-listed pawnbroker, retailer and trader of pre-owned jewellery and watches, has signed a joint venture (JV) agreement with Japan’s Aucnet Inc. to jointly develop what will be Singapore’s fi

Results

MoneyMax posts 20% rise in 2Q earnings to $1.7 mil

SINGAPORE (Aug 8): MoneyMax Financial Services reported a 19.9% rise in 2Q17 earnings to $1.7 million from $1.4 million a year ago.

In print this week

AP Oil holds $33 mil in cash, here’s what they plan to do with it

SINGAPORE (Nov 4): Oil and petrochemical manufacturer, AP Oil International, has been a supplier of lubricants to power companies like Chongqing Zongshen Power Machinery Company for years. It is a business that even its CEO Ho Chee Hon admits has little i
AP Oil International

AP Oil, MoneyMax in JV to provide financial leasing in China

SINGAPORE (Oct 18): SGX-listed AP Oil International and MoneyMax Financial Services have entered into a joint venture with two other companies, Zongshen and Free Trade Port Co., to undertake a financial leasing business in Chongqing, China.
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