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ValueMax Increases Share Capital Through Warrant Exercise

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ValueMax Increases Share Capital Through Warrant Exercise

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ValueMax Group Ltd. ( (SG:T6I) ) has shared an update.

ValueMax Group Ltd. has increased its issued ordinary shares from 868,447,471 to 868,487,471 through the allotment of 40,000 new shares following a warrant exercise at S$0.36 each. These new shares will be listed and traded on the Singapore Exchange from February 18, 2025. This issuance is part of a larger pool of 79,317,838 outstanding warrants, which indicates continued investor interest and potential future capital inflows, potentially impacting the company’s market positioning and shareholder value.

More about ValueMax Group Ltd.

YTD Price Performance: 7.95%

Average Trading Volume: 40,796

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$412.5M

For a thorough assessment of T6I stock, go to TipRanks’ Stock Analysis page.

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