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This time round Monday Max share price might try to retain above $1. If this is going to happened, will be a good start up with a promotion to Main Board real soon.
Buy only, no shorts
seanpent ( Date: 21-Apr-2026 13:20) Posted:
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short at own risk :)
Let' s see if it rushes towards $1 in the next couple of days.
Are existing shareholders allowed to buy these new shares at 0.835?
" The transfer to the Main Board is a significant corporate milestone that could enhance MoneyMax' s market profile and liquidity, potentially supporting a re-rating of the Company' s shares."
http://MoneyMax Financial Services EGM 2026: Shareholders Approve Main Board Transfer, Share Plan Amendments, and Compliance Placement
http://MoneyMax Financial Services EGM 2026: Shareholders Approve Main Board Transfer, Share Plan Amendments, and Compliance Placement
A Golden Leg Of Growth
https://sginvestors.io/analysts/research/2026/04/moneymax-financial-services-dbs-group-research-2026-04-15
https://sginvestors.io/analysts/research/2026/04/moneymax-financial-services-dbs-group-research-2026-04-15
Swee !
wehuattogether88 ( Date: 17-Apr-2026 12:02) Posted:
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A better business path and a brighter share appreciation when Money Max Fin move on to main board listing in SGX.
short term still in uptrend.
R1 - 95,
R2 - 101
R1 - 95,
R2 - 101
Very bullish TP of S$1.13.
Listing to main board will be certain as it qualifies with a public flow of morn than 16%.
Let see how the powerful BBs want MoneyMax to move.
Listing to main board will be certain as it qualifies with a public flow of morn than 16%.
Let see how the powerful BBs want MoneyMax to move.
Mainboard-bound MoneyMax to broaden share base by placing out 53 mil shares
MoneyMax Financial Services, which is seeking to transfer its listing to the Mainboard, plans to place out 53 million new shares at 83.5 cents each so as broaden its shareholder base, and to raise gross proceeds of some $44.23 million.
Under market rules, at least 15% of the share base is to be in public hands. As of March 16, this proportion was 11.93%.
If all 53 million shares are placed out to public shareholders, the proportion will increase to 16.9%. The Lim family, led by executive chairman Lim Yong Guan, collectively own around 85% of the shares now.
At 83.5 cents, the placement price is a slight discount of 3.1% to the VWAP of 86.2 cents as of April 15.
The company intends to utilise 100% of the net proceeds of some $43.4 million to support the growth of its pawnbroking portfolio and purchases of retail inventory.
CGS International Securities Singapore, DBS Bank and Oversea-Chinese Banking Corporation have been hired to do this placement, which is not underwritten.
DBS Group Research, on April 16, issued a non-rated report on MoneyMax suggesting that this counter has a fair value of $1.13.
MoneyMax Financial Services Announces Proposed Placement of Up to 53 Million New Shares to Meet SGX Main Board Listing Requirements
https://www.minichart.com.sg/2026/04/16/moneymax-financial-services-announces-proposed-placement-of-up-to-53-million-new-shares-to-meet-sgx-main-board-listing-requirements/
The placement news not so good?
MoneyMax price spike abit then came down.
Waiting to invest a little.
MoneyMax price spike abit then came down.
Waiting to invest a little.
Impressive !
stlimst ( Date: 16-Apr-2026 13:53) Posted:
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Lifting of trading halt
Halt lifted
Placements::Proposed Placement of up to 53,000,000 New Ordinary Shares at S$0.835 per New Share
https://links.sgx.com/1.0.0/corporate-announcements/AMLDU3J58YZ7UGXN/884470_MMFS_Placement%20Announcement%20_SGX.pdf
Placements::Proposed Placement of up to 53,000,000 New Ordinary Shares at S$0.835 per New Share
https://links.sgx.com/1.0.0/corporate-announcements/AMLDU3J58YZ7UGXN/884470_MMFS_Placement%20Announcement%20_SGX.pdf
Just looked at MoneyMax analysts' report from DBS, CGS and Maybank.
Very positive.
Target price : DBS - $1.13 CGS : $1.06-$1.30
Very positive.
Target price : DBS - $1.13 CGS : $1.06-$1.30
MoneyMax also paying dividend of 2 cents.
What a good deal.
What a good deal.
The only difference is aspial is attempting to break new high
but valuemax is still far from its high
but valuemax is still far from its high
stlimst ( Date: 16-Apr-2026 13:53) Posted:
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