MoneyMax Financial Services Ltd. announced on Feb, 23 2026 that its board has established a Scrip Dividend Scheme, giving shareholders the choice to receive fully-paid new shares instead of part or all of any cash dividend declared on their holdings.

Under the programme, eligible shareholders may elect to take new shares for each qualifying dividend—whether interim, final or special—subject to terms set by the board for each payout. Foreign shareholders may face restrictions, and participation will not be available where it would breach legal or regulatory limits.

The number of new shares issued will be based on the dividend amount and an issue price that can be set at up to a 10% discount to the volume-weighted average price over a period determined by the directors. The new shares will rank pari passu with existing shares, except that they will not be entitled to dividends whose record dates fall before or on the allotment date.

MoneyMax said no brokerage, stamp duty or other transaction costs will apply to shares allotted under the scheme. The company will seek listing and quotation of the new shares on the SGX-ST, although the exchange’s approval in principle “is not to be taken as an indication of the merits” of the scheme.

The statement also highlights possible obligations under the Singapore Code on Take-overs and Mergers for investors whose stake increases through the scheme, and reminds participants that the board may modify or terminate the programme at any time.