MoneyMax Financial Services announced that its wholly-owned subsidiary, MoneyMax Treasure, has issued 70 million Singapore dollars of 5.00 per cent fixed rate notes maturing in 2028.
The securities form Series 001 under the subsidiary’s 500 million Singapore dollars multicurrency medium term note programme established on Oct, 06 2025 and are unconditionally and irrevocably guaranteed by MoneyMax Financial Services. DBS Bank Ltd. acted as the sole global coordinator, lead manager and bookrunner for the offer.
The notes are expected to begin trading on the Singapore Exchange on Oct, 31 2025, following the exchange’s approval in-principle for listing and quotation.
The terms include a change-of-shareholding clause: if the Lim family ceases to hold a majority stake in the issuer, noteholders may require early redemption. Should all investors exercise this option, up to 70 million Singapore dollars of principal could be redeemed, excluding interest.