Valuemax Group Limited Announces Strategic Vendor Share Sale

Key Highlights

• Significant Block Trade: Mr. Yeah Hiang Nam (Executive Chairman) and his spouse, Mdm. Tan Hong Yee, have sold a total of 34,800,000 ordinary shares of Valuemax Group Limited at S\$1.16 per share via a block trade.
• Transaction Details: The sale price represents a 6.5% discount to the closing price of S\$1.24 per share as of 25 February 2026.
• Placement Agent: Oversea-Chinese Banking Corporation Limited acted as the placement agent. The sale attracted strong demand from renowned institutional investors, including abrdn Asia Limited, Amova Asset Management Asia Limited, Avanda Investment Management Pte. Ltd., and ICH Synergrowth Fund.
• Moratorium Undertaking: Both Vendors have committed not to sell any more shares for a period of 90 days post-transaction, signaling their ongoing confidence and commitment to the company.
• Post-Transaction Shareholding: After the sale, the Vendors continue to hold a substantial stake, representing 81.53% of the total issued and paid-up share capital of Valuemax Group Limited.
• Strategic Intent: The share sale aims to diversify and institutionalize the shareholder base by bringing in high-quality institutional investors, broadening minority shareholder representation, and improving trading liquidity and free float.
• No Dilution: The sale involves only the Vendors’ existing shares, so there is no dilution to existing shareholders.

Implications for Shareholders

• Potential Impact on Share Price: The transaction may be price sensitive due to the discounted sale price and the introduction of new institutional investors, which could influence trading activity and valuation.
• Enhanced Liquidity: Increased minority representation and improved free float may lead to higher trading volumes and potentially greater volatility in share price.
• Index Inclusion: The broadened shareholder base supports eligibility for inclusion in indexes such as the iEdge Singapore Next 50 Index, which could attract further institutional interest.
• Moratorium Assurance: The 90-day lock-up period by the Vendors reduces the risk of further large share sales in the near term, providing some stability to the shareholding structure.
• Family and Controlling Interests: The company’s CEO (Yeah Chia Kai) and Executive Director (Yeah Lee Ching) are the children of the Vendors. Yeah Holdings Pte. Ltd., a controlling shareholder, is also linked to the Vendors. Other directors or controlling shareholders have no direct or indirect interests in this transaction beyond their shareholdings.

Cautionary Statement

Shareholders and potential investors are advised to review this announcement carefully and stay alert for further updates from Valuemax Group Limited. Those uncertain about their investment decisions should seek advice from financial professionals.

Conclusion

This strategic Vendor Share Sale is a significant event for Valuemax Group Limited, with potential to enhance trading liquidity, attract institutional investment, and possibly influence share price dynamics. The commitment by the Vendors and the introduction of reputable institutional investors demonstrate confidence in the company’s long-term prospects. Investors should monitor market developments and company announcements closely.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisers before making any investment decisions. The opinions expressed are based on information available as of the date of the announcement and may be subject to change.

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