Category Archives: Uncategorized

EMCC records 47.4% rise in net profit to RM23.3m in FY24

KUALA LUMPUR: Evergreen Max Cash Capital Bhd (EMCC), an established pawnbroking service provider, retailer and trader of gold and luxury products, posted a 47.4% increase in net profit to RM23.3 million for the financial year ended December 31, 2024 (FY24) compared to RM15.8 million in FY23. This growth was driven by a 25.4% rise in […]

EMCC interview session with BFM89.9

Mr. Low Kai Loon, the Executive Director of EMCC, had an excellent interview session with BFM89.9, where he discussed EMCC’s expansion plans and its strategies for embracing technology and AI to grow its market share. Special thanks to BFM Radio – The Business Station for the invitation. Listen to the full podcast here https://www.bfm.my/content/podcast/emcc-pawnbroking-malaysia-ai

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 […]