MoneyMax Financial Services Ltd. (SG:5WJ) has released an update.
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MoneyMax Financial Services Ltd. successfully raised S$41.08 million through the issuance of Series 010 Digital Security Tokens, which will be listed on the ADDX Exchange. Notably, related parties, including key executives and shareholders of the company, subscribed to 35.25% of the tokens. This strategic move marks a significant milestone in MoneyMax’s S$100 million unsecured commercial paper programme.
For further insights into SG:5WJ stock, check out TipRanks’ Stock Analysis page.