Valuemax

Results

ValueMax reports 25.3% rise in 1Q earnings to $6.2 mil

SINGAPORE (May 9): ValueMax reported earnings of $6.2 million for the 1Q18 ended March, up 25.3% from $4.9 million in 1Q17 on higher other operating income.

Results

ValueMax posts 22.7% increase in FY17 earnings to $19.1 mil on lower costs

SINGAPORE (Feb 23): ValueMax reported FY17 earnings increased by 22.7% to $19.1 million compared to $15.6 million in FY16.

M&A

ValueMax Group increases stake in 4 associated companies

SINGAPORE (Jan 10): ValueMax announced that its wholly-owned subsidiary, VMM Holdings has on Dec 29 increased its investment in four associated companies through subscription of new shares by way of cash injections, for a total consideration of RM5.03 mil

ValueMax acquires Sengkang Pawnshop for $3.6 mil

SINGAPORE (Sept 27): ValueMax, the operator of pawnbroking and moneylending services, is purchasing all of Sengkang Pawnshop’s 2,470,000 shares for a consideration of $3.6 million.

Stocks To Watch

FEHT, Declout, ValueMax, CNMC, POSH, Serial

SINGAPORE (Feb 22): Here are some stocks that could move the market this Wednesday morning.

Valuemax issues notes; Hyflux upsizes perps

SINGAPORE (May 27): Pawnbrokers Valuemax Group is issuing $50 million worth of fixed notes due 2018 at 5.5%.
Valuemax shop

Valuemax’s 1Q earnings up 26% to $3.5 mil

SINGAPORE (May 11): Earnings for Valuemax Group, the pawnbroker and moneylender, surged 26.1% to $3.5 million in 1Q16, from $2.8 million in 1Q15 last year.
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