SINGAPORE (Jan 10): ValueMax announced its wholly-owned subsidiary VMM Holdings had on Dec 29 increased its investment in four associated companies through subscription of new shares by way of cash injections, for a total consideration of RM5.03 million (S$1.67 million).

The group acquired additional 2.77% or 437,828 new shares in Thye Shing Pawnshop; 2.77% or 265,088 new shares in Kedai Pajak Well Chip; 2.77% or 1,768 new shares in Kedai Emas Well Chip; and 2.77% or 535,308 new shares in SYT Pavilion.

The increase in investment was funded through...(click on link for full story on theedgesingapore.com)