Wikipedia
In 1988, Mr Yeah Hiang Nam started Ban Soon Pawnshop as part of a joint venture with his business partners. ValueMax Group was established at the end of 2003 by Mr Yeah. The Group brings the pawnshops under one holding company and it is the first of Singapore’s pawnshops to establish a network. The original shops set up by Mr Yeah has since been renamed and revamped under the ValueMax brand.
In 2004, the company set up ValueMax Jewellery, a retail arm for its unredeemed jewellery from ValueMax Pawnshop. Golden Goldsmith Jewellers, which was a gold-trading company set up in 1979 by Mr Yeah, has also had its business transferred to ValueMax Precious Metals.
ValueMax was listed on the Mainboard of Singapore Exchange in 2013.
ValueMax Group expanded its business into the moneylending business in 2014 with the acquisition of VM Credit Pte Ltd, a licensed moneylending enterprise. The acquisition allows ValueMax to grant secured loans against collaterals such as private residential and commercial properties.
In 2015, ValueMax Group announces its expansion into unsecured moneylending through VM Credit Pte Ltd. The new business is aimed at individuals with high incomes and individuals with high net worth. In the same year, the company also announces the incorporation of a wholly owned subsidiary ValueMax Properties Pte. Ltd. The new company will be the investment holding and property management arm of the Group.