MoneyMax Financial Services Raises SG$60 Million from Series 14 Tokens; Shares Down 3%

MT Newswires

2025/06/13

MoneyMax Financial Services (SGX:5WJ) closed its series 14 of digital securities, raising SG$60.3 million in gross proceeds, according to a filing with the Singapore Exchange on Thursday.

The tokens, bearing an interest rate of 4.50% per annum, were issued to accredited investors and institutional investors. They were listed on the ADDX Exchange on June 13.

Shares of the company were down over 3% in recent trading.

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