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SGX:T6I

13 stories mentioning SGX:T6IUpdated 19h ago

Every FINWIRES story that references SGX:T6I, newest first.

Asia

ValueMax Receives BB Rating With Stable Outlook From Fitch

Fitch Ratings assigned ValueMax (SGX:T6I) a first-time long-term issuer default rating of BB, with a stable outlook, according to a Monday filing with the Singapore Exchange.Fitch attributed the rating to the company's established franchise, low credit losses, and sound profitability.However, Fitch has flagged concentration risk in the company's property-backed lending portfolio and asset-liability mismatches arising from its reliance on short-term funding.

SGX:T6I
Asia

ValueMax Updates SG$300 Million Bond Program; Shares Down 3%

ValueMax Group (SGX:T6I) updated its existing SG$300 million multicurrency medium-term bond program, according to a filing with the Singapore Exchange.The company said the program documentation, including the trust deed with DBS Trustee Limited, has been updated to align with the covenant provisions in its existing banking facilities.Shares of the pawnbroker fell 3% in Monday trading.

SGX:T6I
Asia

Well Chip to Raise Up to MYR120 Million Through Rights Issue

ValueMax's (SGX:T6I) Malaysia-listed associated company, Well Chip (KLSE:WELLCHIP), is targeting to raise a maximum of 120 million ringgit, according to a Friday filing with the Singapore Exchange.Shares of ValueMax were down nearly 4% in Monday trading, while shares of Well Chip were down nearly 10%.Under the terms of the proposal, Well Chip will issue up to 120 million new ordinary shares on a 1-for-5 basis-granting existing shareholders one rights share for every five shares held at an issue price of 1 ringgit per rights share.Controlling shareholder, VYN Holdings, has provided an undertaking to subscribe for its full entitlement of around 60.8 million shares.Proceeds raised by the offering will be used for pawnshop expansion plan and to secure capital for pawn loans.

KLSE:WELLCHIPSGX:T6I
Asia

ValueMax Group Issues Shares on Exercise of Warrants

ValueMax Group (SGX:T6I) allotted and issued 8,000 shares on Wednesday pursuant to the exercise of the same number of warrants at SG$0.36 each, according to a same-day filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 964.9 million shares, the filing said.

SGX:T6I
Asia

ValueMax Group Issues Shares on Exercise of Warrants; Shares Down 4%

ValueMax Group (SGX:T6I) allotted and issued 112,000 shares on Tuesday pursuant to the exercise of the same number of warrants at SG$0.36 each, according to a same-day filing with the Singapore Exchange.Shares of the financial services company were down nearly 4% in Wednesday trading.Following the exercise, the company's share capital has increased to about 964.9 million shares, the filing said.

SGX:T6I
Asia

ValueMax Raises SG$24 Million Through Digital Securities Issuance

ValueMax (SGX:T6I) raised over SG$23.9 million through the issuance of digital securities on the SDXX platform, according to a Wednesday filing with the Singapore Exchange.The issuance will be listed on the SDXX platform on May 7, the filing added.

SGX:T6I
Asia

ValueMax Raises SG$18 Million Through Digital Commercial Papers

ValueMax (SGX:T6I) raised SG$18.1 million through the issuance of digital commercial papers on the ADDX platform, according to a Wednesday filing with the Singapore Exchange.The issuance will be listed on the ADDX platform on May 7, the filing added.

SGX:T6I
Asia

ValueMax Group Issues Shares on Exercise of Warrants

ValueMax Group (SGX:T6I) allotted and issued over 24,900 shares on Wednesday pursuant to the exercise of the same number of warrants for SG$0.36 each, according to a same-day filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 946.8 million shares, the filing said.

SGX:T6I
Asia

ValueMax Group Issues Shares on Exercise of Warrants

ValueMax Group (SGX:T6I) allotted and issued over 193,800 shares on Tuesday pursuant to the exercise of the same number of warrants at an exercise price of SG$0.36 each, according to a same-day filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 946.8 million shares, the filing said.

SGX:T6I
Asia

ValueMax Group Issues Over 1.5 Million Shares on Exercise of Warrants

ValueMax Group (SGX:T6I) allotted and issued over 1.5 million shares on Thursday pursuant to the exercise of the same number of warrants at an exercise price of SG$0.36 each, according to a Thursday filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 946.6 million shares, the filing said.

SGX:T6I
Asia

ValueMax to Raise up to SG$25 Million via Digital Securities Issue; Shares Down 3%

ValueMax (SGX:T6I) is targeting to raise between SG$5 million and SG$25 million through the issuance of a six-month commercial paper in digital securities, according to a Wednesday filing with the Singapore Exchange.Shares of the pawnbroking and secured moneylending services company were down over 3% in Thursday trading.The securities will be priced at 3.5% per year and will mature six months from the date of issuance.The securities will be listed on SDAX Exchange.

SGX:T6I
Asia

ValueMax Issues New Shares on Exercise of Warrants

ValueMax (SGX:T6I) allotted and issued 174,830 shares on Thursday pursuant to the exercise of the same number of warrants at an exercise price of SG$0.36 each, according to a Thursday filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 945.1 million shares, the filing said.

SGX:T6I
Asia

ValueMax Issues New Shares

ValueMax (SGX:T6I) allotted and issued 496,500 shares on Sunday under the exercise of the same number of warrants at an exercise price of SG$0.36 each, according to a Monday filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 944.9 million shares, the filing said.The new shares will be listed on April 15.

SGX:T6I

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