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MoneyMax plans bonus share issue
MoneyMax Financial Services is proposing a bonus issue of one new bonus share for every four existing shares held, the pawnshop operator said in a filing to SGX Thursday.The bonus issue is intended to increase the share capital base to reflect the business' s growth and expansion, and to reward shareholders, MoneyMax said.
" The proposed bonus Issue, if carried out, will also increase the accessibility of investing in the company to more investors, thereby encouraging trading liquidity and greater participation by investors and broadening the shareholder base of the company," MoneyMax said in the statement.
Based on the existing share capital of the company of around 353.8 million shares, around 88.45 million bonus shares will be issued under the proposal, MoneyMax said.
The bonus shares will represent around 25 percent of the company' s existing share capital, excluding treasury shares, and around 20 percent of the post-bonus-issue enlarged share capital, MoneyMax said.
The bonus shares will be issued under the share issue mandate obtained from shareholders at the annual general meeting earlier this year, MoneyMax said, noting the offering won' t require shareholder approval.
Result out. Very profitable. Nta now 27c.
Good dividend declared.
" If a decision regarding dividend has been made:
(a) Whether an interim (final) ordinary dividend has been declared (recommended)
and Yes, a final ordinary cash dividend in respect of FY2020 (&ldquo FY2020 Final Dividend&rdquo ) has been declared.
(b) (i) Amount per share Name of Dividend Ordinary cash dividend Dividend Type Final Dividend Amount per Share 1.18 cent per share Tax Rate Tax exempt one-tier The FY2020 Final Dividend is subject to shareholders&rsquo approval at the forthcoming annual general meeting of the Company (&ldquo AGM&rdquo )"
Good dividend declared.
" If a decision regarding dividend has been made:
(a) Whether an interim (final) ordinary dividend has been declared (recommended)
and Yes, a final ordinary cash dividend in respect of FY2020 (&ldquo FY2020 Final Dividend&rdquo ) has been declared.
(b) (i) Amount per share Name of Dividend Ordinary cash dividend Dividend Type Final Dividend Amount per Share 1.18 cent per share Tax Rate Tax exempt one-tier The FY2020 Final Dividend is subject to shareholders&rsquo approval at the forthcoming annual general meeting of the Company (&ldquo AGM&rdquo )"
you are winner. Can even link to covid. Speechless
Ya next, tey r also in covid testing
jpower2015 ( Date: 23-Apr-2020 09:53) Posted:
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Just realized that traditional pawn shop now provides many many patterns of service. One of the service under my radar is the Moneymax leasing. Anyone feel this would be the next golden egg for pawn shop??
MoneyMax Leasing represents the Group&rsquo s foray into the auto-financing industry. With the provision of hassle-free auto-financing solutions a business imperative at MoneyMax Leasing, we believe that this is the next step forward in the Group&rsquo s transition towards becoming a holistic financial solutions provider.
MoneyMax Leasing represents the Group&rsquo s foray into the auto-financing industry. With the provision of hassle-free auto-financing solutions a business imperative at MoneyMax Leasing, we believe that this is the next step forward in the Group&rsquo s transition towards becoming a holistic financial solutions provider.