MoneyMax Financial Services said on Aug, 11 2026 that it incorporated 31 wholly owned subsidiaries in Malaysia between Jan, 29 2026 and May, 25 2026 to support its expansion in investment-holding and pawn-broking activities.

The new entities include seven investment-holding companies capitalised at either MYR1,000 or MYR10,000 each, a cluster of 14 pawn-brokerage units with paid-up capital of MYR10,000 apiece, and ten pawn-brokerage companies—branded “MM” Amaze, Beyond, Champion, Dazzling, Element, Fantastic, Galaxy, Horizon, Impressive and Jubilant—each set up with MYR4 million (about 1.29 million Singapore dollars) in paid-up capital.

Separately, on Jun, 30 2026, wholly owned subsidiary MizanMax Holdings Sdn. Bhd. bought 100 per cent of Aquilia Holdings Sdn. Bhd. for MYR100 (approximately 0.00003 million Singapore dollars). Aquilia Holdings, which is in investment holding, had an unaudited net liability of about MYR28,000 (around 0.009 million Singapore dollars) as of the same date.

MoneyMax said all transactions were funded with internal resources and are not expected to have a material impact on its earnings per share or net tangible assets per share for the financial year ending Dec, 31 2026.

None of the company’s directors or substantial shareholders has any interest in the deals, the board added.