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Pawnbroker MoneyMax dreams big on China

CEO aims high after taking first 'small step' with a 12.5% stake in a new financial leasing business

"Once you have an entry point, you will have a chance to discuss more business opportunities," CEO Lim Yong Guan says of MoneyMax's first expansion into China.


MONEYMAX Financial Services' first expansion into China is a small step by many measures, but it reflects big ambitions for the pawnbroker, says chairman and chief executive Lim Yong Guan.

"We hope this is our first project in China, and there will be more opportunities...

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