ValueMax Group Limited Announces Allotment and Issuance of New Shares from Warrant Exercise

Key Highlights

• Increase in Issued Share Capital: ValueMax Group Limited (“the Company”) has increased its issued ordinary share capital from 940,002,699 shares (excluding 100,000 treasury shares) to 940,003,259 shares.
• New Shares Issued: The increase comes from the allotment and issuance of 560 new ordinary shares following the exercise of 560 warrants at an exercise price of S\$0.36 per share.
• Date of Exercise: The warrants were exercised on 27 November 2025.
• Listing of New Shares: The newly issued shares will be listed and quoted on the Singapore Exchange Securities Trading Limited (SGX-ST) on 1 December 2025.
• Outstanding Warrants: After this exercise, there remain 7,802,050 outstanding warrants, each with an exercise price of S\$0.36. These warrants will expire at 5:00 p.m. on 14 September 2026.

Investor Insights and Potential Impact

• Share Dilution: The allotment of 560 new shares represents a minimal dilution of existing shareholdings, given the Company’s large share base.
• Exercise Price: The warrants’ exercise price of S\$0.36 could indicate a floor for the Company’s share price as long as the warrants remain outstanding, and may be seen as a reference point for future capital inflows if further warrants are exercised.
• Future Dilution Potential: There are still 7,802,050 warrants outstanding, which, if fully exercised, could further increase the Company’s share capital and potentially dilute existing shareholders’ stakes. Investors should monitor the pace at which these warrants are exercised, as significant conversions could affect the share price.
• Price Sensitivity: While the current allotment is very small relative to the total share base, the existence of a sizable number of outstanding warrants at a fixed exercise price may influence the trading dynamics of the Company’s shares, especially as the expiry date approaches or if the market price nears or exceeds S\$0.36.

Other Noteworthy Details

• Ranking of New Shares: The new shares rank pari passu in all respects with the existing shares, meaning they confer the same rights and entitlements as the existing shares.
• Operational and Strategic Implications: The warrant exercise brings in additional capital to the Company, albeit a small sum in this instance. Should more warrants be exercised, it could provide further funding for potential business development or operational needs.
• Corporate Governance: The announcement was authorized by the Board and signed by the Company Secretary, Lotus Isabella Lim Mei Hua, ensuring compliance with regulatory and governance standards.

Conclusion

The latest warrant exercise and allotment of shares by ValueMax Group Limited is a routine corporate action with minimal immediate impact on shareholding structure. However, investors should remain attentive to the sizeable pool of outstanding warrants, as future exercises could have a more material effect on share capital and share price dynamics.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should conduct their own due diligence or consult a professional advisor before making investment decisions.

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