MoneyMax Financial Services Ltd. (SG:5WJ) has released an update.
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MoneyMax Financial Services Ltd. has launched its Series 010 digital security tokens, offering a 4.8% annual interest rate and maturing in three months. These tokens are listed on the ADDX Exchange, targeting accredited and institutional investors, and aim to raise between S$25 million to S$35 million. This move is part of MoneyMax’s S$100 million unsecured commercial paper program.
For further insights into SG:5WJ stock, check out TipRanks’ Stock Analysis page.