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The latest update is out from MoneyMax Financial Services Ltd. ( (SG:5WJ) ).
MoneyMax Financial Services Ltd. has applied to transfer its listing from the Catalist board to the Main Board of the Singapore Exchange, citing its substantial growth in scale, profitability and regional footprint. The company’s directors say a Main Board listing would better reflect MoneyMax’s established market position, enhance its brand visibility and share liquidity, and open access to a larger, more diverse investor base and broader fundraising options, supporting future expansion and talent attraction.
More about MoneyMax Financial Services Ltd.
MoneyMax Financial Services Ltd. is a Singapore-incorporated financial services provider that also operates as a retailer and trader of luxury products across Singapore and Malaysia. Listed on SGX Catalist since 2013, the group has grown into one of the largest pawnbroking and retail networks in the region, with more than 110 outlets serving consumers in both markets.
Average Trading Volume: 199,751
Technical Sentiment Signal: Buy
Current Market Cap: S$433.4M
For a thorough assessment of 5WJ stock, go to TipRanks’ Stock Analysis page.