Mainboard-listed Aspial Corp, controlling shareholder of Catalist-listed Maxi-Cash Financial Services Corp, plans to sell a group of businesses into the latter for at least $87.8 million.The transaction, meant to consolidate the various jewellery brands under one listed entity, can be worth up to $9...

MAINBOARD-LISTED Aspial plans to sell a group of its wholly-owned subsidiaries to another of its subsidiaries, Maxi-Cash Financial Services, for up to S$99.8 million, Aspial and Maxi-Cash said in a joint press release on Thursday (Jul 7).

THE following companies saw new developments that may affect trading of their securities on Friday (Jul 8):

Maxi-Cash Group, on June 24, has proposed to adopt a shareholders’ mandate in order for the group to enter into several interested person transactions (IPTs) with Aspial Group.The interested persons listed are Maxi-Cash’s controlling shareholders, Koh Wee Seng, Ko Lee Meng and Koh Lee Hwee (the ...

“With the addition of MaxiPay to our business, we are able to offer more convenience to the consumers, by accessing a digital banking-like experience at their fingertips,” he adds. “The MatchMove team has shown great support in launching MaxiPay and has also helped educate our customers on how...

Stephen Innes, chief global market strategist at AxiTrader, was not expecting gold to do well this year. The “war trade” caught many market observers by surprise. “Before the war, we were positioned to be tentatively long on gold, with the expectations that the US Federal Reserve [Fed] were on...

FY2021 'way below expectations'The pivot comes at a critical time for GHY, whose business model has been facing a trial by fire due to Covid-19. For the FY2021 ended Dec 31, 2021, GHY reported earnings of just $3.9 million, down 90% over FY2020. Revenue, meanwhile, was down 34% to $83.3 million.GHY�...

When the pandemic hit in early 2020, and drastic measures were needed to curb the spread of the virus, most retail shops were told to shut. However, pawnshops, deemed to be providing an essential financial service, were allowed to keep their doors open throughout the different phases of lockdown and...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 18):

Maxi-Cash, on Jan 18, announced that it was launched and priced $36.75 million worth of notes due 2025 under its $300 million multicurrency medium term note programme. According to the company, the new launch comes following a reverse enquiry interest from its investors in relation to the $23.25 mil...

CATALIST-LISTED pawnbroker Maxi-Cash Financial Services Corp is launching another S$36.75 million in Series 003 Notes, after "interest from its investors", the board has said.

THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 7):

CATALIST-LISTED pawnbroker Maxi-Cash Financial Services Corp will place up to 32 million ordinary shares for more than S$5.18 million altogether, the board said on Monday (Dec 6).

Regular Billion Dollar Club winner ValueMax Group has gone from strength to strength. This year, the pawnbroking chain won for best earnings growth, best returns to shareholders and overall sector winner. ValueMax’s first outlet opened in 1988 and has since expanded to 40 pawnbroking and retail ou...

Maxi-cash financials services reported earnings of $8.1 million in 1HFY21 ended June, down 20% from the $9.9 million logged in the year before. On a fully diluted basis, earnings per share was 0.77 cents, down 21% from 0.97 cents in 1HFY20. With this net asset value per share was 13.97 cents on June...