MoneyMax Financial Services Ltd. (SG:5WJ) has released an update.
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MoneyMax Financial Services Ltd. has successfully concluded its latest fundraising, securing S$16.78 million through its Series 006 Digital Security Tokens under a S$100 million unsecured commercial paper program. The tokens will be listed on the ADDX Exchange, with a notable subscription from a related party, the COO and spouse of the firm’s Executive Chairman and CEO, accounting for 6.91% of the issuance. The company will keep the market updated with any significant developments regarding the program.
For further insights into SG:5WJ stock, check out TipRanks’ Stock Analysis page.