tiprankstipranks
MoneyMax’s Token Offering Nets S$16.78 Million
Company Announcements

MoneyMax’s Token Offering Nets S$16.78 Million

MoneyMax Financial Services Ltd. (SG:5WJ) has released an update.

Pick the best stocks and maximize your portfolio:

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.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskMoneyMax Raises S$41.08 Million via Token Offering
TipRanks Singapore Auto-Generated NewsdeskMoneyMax Launches Series 010 Tokens on ADDX Platform
TipRanks Singapore Auto-Generated NewsdeskMoneyMax Wins Prestigious CSR Award in Malaysia
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App