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MoneyMax Financial Services Launches Digital Security Tokens Offering

Story Highlights
  • MoneyMax Financial Services launches digital security tokens under a S$200 million programme.
  • The issuance aims to raise S$50-75 million, targeting accredited and institutional investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MoneyMax Financial Services Launches Digital Security Tokens Offering

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MoneyMax Financial Services Ltd. ( (SG:5WJ) ) just unveiled an announcement.

MoneyMax Financial Services Ltd. has announced the launch of its inaugural offering of unsecured commercial paper in the form of digital security tokens under its S$200 million programme through its subsidiary, MoneyMax Treasure Pte. Ltd. This issuance, guaranteed by MoneyMax Financial Services, aims to raise between S$50 million and S$75 million and will be listed on the ADDX Exchange, targeting accredited and institutional investors.

More about MoneyMax Financial Services Ltd.

MoneyMax Financial Services Ltd., incorporated in Singapore, operates in the financial services industry. The company focuses on providing financial solutions and services, with a market focus on digital securities and commercial paper offerings.

Average Trading Volume: 116,335

Technical Sentiment Signal: Buy

Current Market Cap: S$351.6M

See more data about 5WJ stock on TipRanks’ Stock Analysis page.

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