MoneyMax Financial Services Ltd. announced that its wholly owned subsidiary, MoneyMax Treasure Pte. Ltd., has issued 30 million Singapore dollars of 5.00 per cent fixed-rate notes due 2028 under its 500 million Singapore dollars multicurrency medium-term note programme.
The new issuance, designated Series 001 Tranche 002, will be consolidated with the existing 70 million Singapore dollars Series 001 Tranche 001 notes issued on Oct, 30 2025, creating a single 100 million Singapore dollars series. The notes are unconditionally and irrevocably guaranteed by the parent company.
DBS Bank Ltd. acted as sole global coordinator, lead manager and bookrunner. The notes have received in-principle approval for listing on the Singapore Exchange Securities Trading Limited, with trading expected to begin on Nov, 12 2025.
The issue contains a change-of-control clause allowing investors to require early redemption at par plus accrued interest if the Lim Family ceases to hold majority ownership of the issuer. Should this clause be triggered and fully exercised, up to 100 million Singapore dollars of notes could be redeemed.