MoneyMax Financial Services Ltd. (SG:5WJ) has released an update.
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MoneyMax Financial Services Ltd. has announced the launch of its Series 009 Digital Security Tokens, offering a 5.0% annual interest rate and set to mature three months from the issuance date. These tokens, part of a S$100 million unsecured commercial paper program, will be available to accredited and institutional investors and will trade on the ADDX Exchange. The company anticipates raising between S$20 million to S$30 million from this offering.
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