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The latest update is out from MoneyMax Financial Services Ltd. ( (SG:5WJ) ).
MoneyMax Financial Services Ltd. announced the successful closure of its subsidiary MoneyMax Treasure Pte. Ltd.’s inaugural offering of Series 001 Notes under its S$200,000,000 unsecured commercial paper programme, raising S$72.74 million in gross proceeds. The Series 001 Notes will be listed on the ADDX Exchange, with significant participation from related parties, who collectively subscribed for 36.51% of the notes, highlighting strong internal support and potential implications for the company’s financial strategy and stakeholder interests.
More about MoneyMax Financial Services Ltd.
MoneyMax Financial Services Ltd. is a company incorporated in Singapore, operating in the financial services industry. It focuses on providing financial solutions and services, with a market emphasis on commercial paper programs.
Average Trading Volume: 318,860
Technical Sentiment Signal: Buy
Current Market Cap: S$455.5M
Learn more about 5WJ stock on TipRanks’ Stock Analysis page.