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ValueMax Group leads overall, but iFAST emerges best in returns to shareholders

The Edge Singapore
The Edge Singapore12/11/2020 07:00 AM GMT+08  • 2 min read
ValueMax Group leads overall, but iFAST emerges best in returns to shareholders
Both ValueMax Group and iFAST Corp have come a long way to be among the best performing companies.
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ValueMax Group, a homegrown pawnshop chain, dominates the Centurion Club awards in this sector — which is no surprise, for it is a regular winner on this platform. It is recognised for showing the best growth in profit after tax; it has generated the best weighted ROE; and of course, it has been named overall sector winner.

Founded in 1988, the Mainboard-listed company is a leading homegrown pawnbroking chain, offering also secured moneylending services as well as the retail and trading of pre-owned jewellery and gold. It now has more than 30 outlets in Singapore and also has two other pawnshops operated by associated and investee companies. Across the Causeway, ValueMax operates 10 outlets through its associated companies.

Over the years, ValueMax has introduced different kinds of services. For example, it is able to offer valuation of items of value online, which saves potential customers the hassle of making a trip to an outlet. In conjunction with its pawnbroking service, ValueMax also sells preloved and brand-new jewellery.

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