MoneyMax

Singaporeans flock to gold despite record-high prices ahead of Chinese New Year

Analysts attribute recent spikes in retail demand to wealth-preservation seeking rather than festive buying

Bullion retailers and pawnbrokers, whose inventory values are directly tied to spot prices, lost ground.

SGX-listed gold-linked counters fall on precious metal’s decade-worst plunge

Market watchers expect volatility in the yellow metal to continue in the near term 

MoneyMax will share its second-half and full-year financial statements on Mar 1.

MoneyMax expects ‘significant improvement’ in H2 net profit

It also expects a similar improvement in the full-year net profit

The company expects that a mainboard listing will boost its image locally and overseas,and give it greater visibility and recognition.

Catalist-listed MoneyMax proposes transfer to SGX mainboard

Move will enhance the long-term value for its shareholders

MoneyMax CEO Peter Lim (left) and his son Lim Chun Seng pose in a Volkswagen Type 181 safari vehicle, made in 1976, at the office lobby.
TOPLINE

MoneyMax bets on Malaysia growth with drive-through pawnshops

The company also hopes to make efficiency gains amid rising cost of funds and overheads

Looking for prospective pawn stars

Looking for prospective pawn stars

To be successful, pawnbrokers should be able to offer the right price for the right pawn

MoneyMax Q3 profit more than triples to S$3m

MoneyMax Q3 profit more than triples to S$3m

MONEYMAX Financial Services reported profit for the third quarter more than tripled to S$3.0 million, from S$990,000 a year ago, on stronger performance from certain business segments.

MoneyMax chief financial officer quits after a year

MoneyMax chief financial officer quits after a year

THE chief financial officer (CFO) of MoneyMax Financial Services, Wee Sung Leng, has resigned to pursue other interests. His resignation will be effective June 6, the Catalist-listed pawnbroker said i...

From jewellery retailing, to pawnbroking, to risk and compliance

From jewellery retailing, to pawnbroking, to risk and compliance

JENNIFER Tan, 60, would never have considered working in traditional pawnshops, with their "jail-like" bars and intimidating feel.

Maximising new opportunities in an old trade

Maximising new opportunities in an old trade

The last decade has seen pawnshop chain MoneyMax going digital, going abroad, and going into related businesses.