About the Issuer
ValueMax Group Limited (UEN: 200307530N) and its subsidiaries (the “Group”) provides pawnbroking and moneylending services as well as the retail and trading of pre-owned jewellery and gold. The Group’s first pawnbroking outlet was established in 1988, providing pawnbroking services and the retail and trading of pre-owned jewellery and gold since. Since its establishment in 1988, as at the date of this Information Memorandum, the Group has expanded to 44 outlets island wide in Singapore, and has one other pawnshop operated by an associated company. The Group also has 2 standalone retail outlets. In Malaysia, the Group also operates 24 pawnbroking and retail outlets through its associated companies. The Group became the first pawnbroking chain to be listed on the Main Board of the Singapore Stock Exchange in 2013.
- Consistently profitable in every past reporting period since the Issuer’s initial public offering in 2013, with net profit after tax quadrupling from SGD 9.6 million in the financial year ended 31 December 2013 to SGD 45.0 million in the financial year ended 31 December 2022.
- Low Investment Amount Compared to Traditional Bonds.