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valuemax group ltd (VMAX) Details

ValueMax Group Limited, an investment holding company, engages in the pawnbroking, moneylending, retailing of jewellery and timepieces, and gold trading activities. It offers pawnbroking services through pledging jewellery in yellow or white gold, diamond jewellery, and branded timepieces, as well as gold, platinum, or silver bars and coins as collaterals. The company also provides secured and unsecured loans for businessmen and corporates; and financing services for automotive industry. In addition, it sells new and pre-owned jewellery, such as gold and diamond jewellery, gold bars and coins, branded watches, and Hermès bags; purchases scrap gold from other pawnbrokers and jewellery traders; and sells fine gold bars to jewellery factories, wholesalers, and retailers. It operates 33 outlets at strategic locations in Singapore. Further, the company is involved in the provision of property management and IT, business management and consultancy, and remittance services, as well as in the property holding activities. The company was founded in 1988 and is based in Singapore. ValueMax Group Limited is a subsidiary of Yeah Holdings Pte. Ltd.

Founded in 1988

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valuemax group ltd
ValueMax Group Limited Announces First and Final Dividend (Tax Exempt One-Tier) for the Financial Year Ended December 31, 2018, Payable on or About 4 July 2019

The Board of Directors of ValueMax Group Limited announced first and final dividend (tax exempt one-tier) of 1.33 cents per ordinary share for the financial year ended December 31, 2018. The Notices of Election have been dispatched to persons registered in the Register of Members or Depository Register, as the case may be, as at 5.00 p.m. on 17 May 2019. Entitled Shareholders who wish to participate in the Scheme must complete, sign and return the Notices of Election to the Company's Share Registrar, Tricor Barbinder Share Registration Services (a division of Tricor Singapore Pte. Ltd.) ("Share Registar"), or if the Entitled Shareholder is a depositor, to The Central Depository (Pte) Limited ("CDP"), as the case may be, at their respective addresses set out below, by 5.00 p.m. on 24 June 2019. The Notices of Election in respect of the Final Dividend shall not, upon receipt by the Share Registrar or CDP, be withdrawn or cancelled. Notices of Election received after 5.00 p.m. on 24 June 2019 will not be effective and will not be processed. The Final Dividend will be paid on or about 4 July 2019 and the new Shares to be issued pursuant to the Scheme are expected to be listed on 5 July 2019.

ValueMax Group Limited Reports Unaudited Group Earnings Results for the First Quarter Ended March 31, 2019

ValueMax Group Limited announced unaudited group earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced revenue was SGD 50.202 million compared to SGD 57.159 million reported last year. Profit for the period was SGD 5.733 million compared to SGD 6.356 million reported last year. Basic and diluted earnings per share was 1.04 cents against 1.16 cents reported last year.

Valuemax Group Limited Proposes First and Final One-Tier Tax Exempt Dividend for the Financial Year Ended December 31, 2018

Valuemax Group Limited at its AGM to be held on April 30, 2019 proposed first and final one-tier tax exempt dividend of 1.33 cent per share for the financial year ended December 31, 2018. Record date is May 21, 2019.


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