MoneyMax Financial Services Ltd. (SG:5WJ) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
MoneyMax Financial Services Ltd. has addressed shareholder inquiries ahead of its AGM, explaining a strategic increase in their debt to capital ratio to 313% for FY2023, aimed at fueling expansion and maintaining working capital. The company is keeping an eye on leverage levels without setting a specific target ratio, considering market conditions and funding options. Additionally, questions about the directors’ advance interest rate, considered a related party transaction, were also discussed, though specific details were not disclosed in the summary.
For further insights into SG:5WJ stock, check out TipRanks’ Stock Analysis page.
