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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.

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