ValueMax subscribes for 40% stake in Indonesia pawnbroker PT Gadai for Rp 48.4 billion
Reuters2026/08/13 09:55Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- ValueMax subscribed for 484,000,000 new shares in Indonesia’s PT Gadai ValueMax Indonesia for IDR 48.4 billion on April 20, 2026.
- Transaction lifts the group’s stake to 40% of PT Gadai’s enlarged share capital, classifying it as an associated company.
- PT Gadai runs 11 pawnbroking outlets in Jakarta, supporting ValueMax’s regional expansion in pawnbroking services.
- Management does not expect a material impact on earnings or net asset value for the year ending Dec. 31, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ValueMax Group Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: BWW1VB6N4FHHMD65) on August 13, 2026, and is solely responsible for the information contained therein.
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