Category Archives: Uncategorized

EMCC aims to have 80 pawnbroking outlets by next year

KUALA LUMPUR (Dec 17): Evergreen Max Cash Capital Bhd (KL:EMCC) said it aims to grow its pawnbroking network to 80 outlets by 2025, buoyed by rising demand for Islamic pawnbroking services. The ACE Market-listed company is expecting to grow its Islamic pawnbroking business “Ar Rahnu Cahaya” to 50 outlets by the first quarter of 2025, […]

EMCC – MAXIMISE RETURN ON YOUR PLEDGE

Philip Capital Management Sdn Bhd RECOMMENDATION: BUY  As a prominent corporate player in the pawnbroking industry, EMCC exhibits robust growth in contrast to traditional pawn operators facing stagnation due to limitedambition and succession planning. EMCC earnings is anticipated to achieve a minimum 15% CAGR for FY23-25,driven by fresh cash infusion from the IPO proceeds and […]

EVERGREEN MAX CASH CAPITAL-DEBUTS ON ACE MARKET WITH 33.33% PREMIUM OVER OFFER PRICE

  KUALA LUMPUR (Sept 26): Evergreen Max Cash Capital Bhd’s (EMCC) share price opened at 32 sen on Tuesday (Sept 26) on its debut on the ACE Market of Bursa Malaysia, an eight sen or 33.33% premium over its initial price offering (IPO) price of 24 sen. The pawnbroking service provider’s opening volume was 37.7 million […]

EVERGREEN MAX CASH CAPITAL BERHAD IPO OVERSUBSCRIBED 53.06 TIMES

    Evergreen Max Cash Capital Bhd’s (EMCC) initial public offering (IPO) for the public potion was oversubscribed by 53.06 times. EMCC received 14,568 applications for 3.01 billion shares with a value of RM722.66 million for 55.70 million shares allocated to the Malaysian public, which represents an oversubscription rate of 53.06 times. For the Bumiputera […]

EVERGREEN MAX CASH CAPITAL BERHAD-IPO PROSPECTUS LAUNCH

Evergreen Max Cash Capital Berhad [萇菁 資本有限公司] (“EMCC” or the “Group”) has successfully launched prospectus in conjunction with initial public offering (“IPO”) and listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). Established since 2012, the EMCC group of companies (“Group”) is principally involved in the pawnbroking business via its network of […]

IPO UNDERWRITING AGREEMENT WITH MERCURY SECURITIES

  Evergreen Max Cash Capital Berhad (“EMCC” or the “Group”) has entered into an underwriting agreement with Mercury Securities Sdn Bhd (“Mercury Securities”) in conjunction with its upcoming initial public offering (“IPO”) and listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). EMCC’s IPO will involve a public issue of 267.6 million […]