PETALING JAYA: Well Chip Group Bhd
, which is slated for listing on the Main Market today, is expected to ride strong growth in the pawnbroking industry that will fuel its earnings and expansion plans.
According to an independent market research report, the Malaysian pawnbroking industry is expected to expand at a four-year revenue compounded annual growth rate of 11.4% from RM3.56bil in 2024 to RM5.3bil in 2028, mainly driven by demand from individuals that need immediate financing and from the unserved population.
