MoneyMax

Catalist-listed MoneyMax to transfer to SGX mainboard on May 6

The company’s placement of 53 million new shares on Monday fulfils the requirements for the move

For the five trading sessions spanning Apr 17 to 23, institutions were net sellers of Singapore stocks, with net institutional outflow of S$631 million.
INSIDE INSIGHTS

JEP, XMH chairs up stakes; AGT becomes OKP substantial shareholder

[SINGAPORE] For the five trading sessions spanning Apr 17 to 23, institutions were net sellers of Singapore stocks, with net institutional outflow of S$631 million. This took the accumulated net outfl...

Shops in Little India are offering to buy back gold amid the global boom in prices.
HOCK LOCK SIEW

The real shine behind Singapore’s golden ambitions is not in gold’s meteoric price increase

Investors are faring well with listed gold counters hitting fresh highs, but the Republic is also aiming to benefit with the region’s ultimate vault

In H2, MoneyMax's revenue and earnings surged on the back of strong business fundamentals.

MoneyMax, with H2 2025 profit nearly double at S$42m, declares special dividend

Its board declares a final dividend of S$0.015 a share and a special dividend of S$0.005 a share for the financial year

UOB forecasts gold to rise to US$5,400 per ounce by the fourth quarter of this year.

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