Well Chip Group Bhd
KLSE:WELLCHIP
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Well Chip Group Bhd
Well Chip Group Bhd is a MY-based company operating in Consumer Finance industry. The company is headquartered in Johor Bahru, Johor. The company went IPO on 2024-07-23. Well Chip Group Berhad is a Malaysia-based investment holding company. The Company, through its subsidiaries, is involved in the provision of pawnbroking services and business of retail and trading of jewelry and gold. Its segments include Pawnbroking services and Retail and trading of jewelry and gold. The firm is engaged in the provision of pawnbroking services, which offers pledge-backed pawn loans with a short repayment period to its pawnbroking customers. The company offers pawn loans with loan periods of up to six months to its pawnbroking customers who pledge their valuable items (i.e. gold and gold jewelry, diamond jewelry and/or luxury watches) as collaterals. The company is engaged in the retail sale of new and pre-owned jewelry and gold, and sale of scrap gold acquired from unredeemed and bid pledges, and pre-owned jewelry and gold from walk-in individuals. The company has approximately 27 operating outlets, comprising 23 pawnshops and four retail outlets which are adjacent to its pawnshops.
Well Chip Group Bhd is a MY-based company operating in Consumer Finance industry. The company is headquartered in Johor Bahru, Johor. The company went IPO on 2024-07-23. Well Chip Group Berhad is a Malaysia-based investment holding company. The Company, through its subsidiaries, is involved in the provision of pawnbroking services and business of retail and trading of jewelry and gold. Its segments include Pawnbroking services and Retail and trading of jewelry and gold. The firm is engaged in the provision of pawnbroking services, which offers pledge-backed pawn loans with a short repayment period to its pawnbroking customers. The company offers pawn loans with loan periods of up to six months to its pawnbroking customers who pledge their valuable items (i.e. gold and gold jewelry, diamond jewelry and/or luxury watches) as collaterals. The company is engaged in the retail sale of new and pre-owned jewelry and gold, and sale of scrap gold acquired from unredeemed and bid pledges, and pre-owned jewelry and gold from walk-in individuals. The company has approximately 27 operating outlets, comprising 23 pawnshops and four retail outlets which are adjacent to its pawnshops.
