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Valuemax Group
Equity raising
ValueMax raises $31.72 mil with close of three and four-month digital securities
The digital securities, which were launched on Dec 7, will be listed on the ADDX digital platform on Dec 22.
December 21, 2023
Company in the news
Malaysian associated companies of ValueMax apply for Bursa listing
ValueMax has undertaken an internal restructuring to transfer its shares in the Malaysian companies to Well Chip Group.
November 16, 2023
Equity raising
ValueMax raises $45.1 mil with close of three-month Series 005 digital securities
The digital securities, which were launched on Nov 25, will be listed on the ADDX digital platform on Dec 19.
December 17, 2022
Billion Dollar Club 2022
Riding on 'spectacular boom', The Hour Glass sweeps this category clean
"Demand for high-end watches is so voracious that supply cannot keep up"
November 10, 2022
Results
ValueMax sees 36.8% y-o-y improvement in 1HFY2022 earnings of $25.2 mil
Looking ahead, the group sees gold prices remaining volatile amid a further increase in interest rates.
August 10, 2022
Capital markets
ValueMax launches third tranche of digital securities via ADDX
The company says it expects to raise between $10 million and $20 million from both accredited and institutional investors.
June 02, 2022
Results
ValueMax sees 9.4% growth in 2HFY2021 earnings of $23.1 mil thanks to moneylending business
A final dividend of 1.88 cents was proposed.
February 24, 2022
Billion Dollar Club 2021
ValueMax overall sector winner; Maxi-Cash Financial Services wins for best ROE
For the company’s FY2020 ended last December, earnings increased 33% y-o-y to $33.9 million.
September 10, 2021
New appointments
ValueMax appoints its managing director's son, Steven Yeah, as its chief operating officer
Steven Yeah is currently an executive director at ValueMax.
May 31, 2021
Company in the news
ValueMax injects $2 mil in pawnbroking subsidiary to meet working capital requirements
The cash injection was funded by internal resources.
April 26, 2021