ValueMax Group Limited Allots New Ordinary Shares After Warrant Exercise

Key Highlights for Investors

• Increase in Issued Ordinary Shares: ValueMax Group Limited (“the Company”) has announced an increase in its issued ordinary shares from 943,860,713 (excluding 100,000 treasury shares) to 943,910,513 following the recent exercise of warrants.
• Warrant Exercise Details: A total of 49,800 new ordinary shares were allotted and issued on 26 March 2026, pursuant to the exercise of 49,800 warrants at an exercise price of S\$0.36 per share.
• Listing of New Shares: The newly issued shares will be listed and quoted on the Singapore Exchange Securities Trading Limited (SGX-ST) on 30 March 2026.
• Outstanding Warrants: After this exercise, the Company still has 3,894,796 outstanding warrants. Each warrant is exercisable at S\$0.36 and will expire at 5.00 p.m. on 14 September 2026.

Implications for Shareholders

• The increase in the total number of issued shares may have a dilutive effect on existing shareholders, as the new shares will rank pari passu in all respects with the existing shares.
• The exercise price of S\$0.36 per warrant could be a reference point for the market, as further warrant exercises at this price may occur until the expiry date. This may potentially place a cap on the share price, should it approach the exercise price.
• With nearly 3.9 million warrants outstanding, there is a possibility of further dilution if more warrant holders choose to exercise before the expiry in September 2026.
• Shareholders should note the potential for further increases in share capital, which could affect earnings per share and voting power.

Details of Allotment and Listing

The Board of Directors, via company secretary Lotus Isabella Lim Mei Hua, confirmed that the new shares are identical to the existing shares in all respects. The listing and quotation of these new shares on SGX-ST is scheduled for 30 March 2026. This seamless integration ensures that the shares are immediately tradable and fully participate in any future corporate actions, dividends, or voting.

Potential Market Impact

• Price Sensitivity: The conversion price of S\$0.36 per share is a critical level for market participants and could influence trading activity as the expiry date of the warrants approaches.
• Corporate Action Awareness: Investors should monitor any further announcements regarding warrant exercises, as substantial conversions could impact share supply and market sentiment.

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before making investment decisions. The Company’s official filings and announcements should be reviewed for the most accurate and up-to-date information.

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