MoneyMax Financial Services

SINGAPORE (June 18): Moneymax Financial Services is strengthening its position in the local pawn-broking industry through the acquisition of Ban Joo Pawnshop for $3.3 million in cash.

SINGAPORE (May 15): Moneymax Financial Services announced that its 1Q18 earnings have increased by 85.9% to $2.17 million, compared to $1.17 million in 1Q17.

SINGAPORE (May 9): MoneyMax Financial Services has launched an online ‘live’ auction platform for the trading of luxury goods, including branded merchandise, gold, and diamonds.

SINGAPORE (Feb 28): Moneymax Financial Services reported 4Q17 earnings increased by 46.1% to $2.25 million compared to $1.54 million in 4Q16.

SINGAPORE (Nov 14): MoneyMax Financial Services’ wholly-owned subsidiary Cash Online has entered into sale and purchase agreements to acquire interests in 13 entities of a pawn broking chain in Malaysia for a total of MYR 56.6 million ($18.3 million).

SINGAPORE (Nov 8): Pawnbroking chain MoneyMax Financial Services saw 3Q ended September earnings grow 6% to $1.8 million from $1.7 million a year ago.

SINGAPORE (Sept 22): MoneyMax Financial Services, the Catalist-listed pawnbroker, retailer and trader of pre-owned jewellery and watches, has signed a joint venture (JV) agreement with Japan’s Aucnet Inc. to jointly develop what will be Singapore’s fi

SINGAPORE (Aug 8): MoneyMax Financial Services reported a 19.9% rise in 2Q17 earnings to $1.7 million from $1.4 million a year ago.

SINGAPORE (Nov 4): Oil and petrochemical manufacturer, AP Oil International, has been a supplier of lubricants to power companies like Chongqing Zongshen Power Machinery Company for years. It is a business that even its CEO Ho Chee Hon admits has little i