Photo by RDNE Stock project via Pexels.

Moneymax to raise $15m-$20m from tokens issuance

The tokens will have a 5.25% interest rate per annum.

MoneyMax Financial Services Ltd. hopes to raise $15m to $20m from its Series 008 Tokens issuance under its $100m unsecured commercial paper programme.

In a bourse filing, the company said the tokens will bear an annual interest rate of 5.25%.

The issuance will mature on a date falling on the expiry of three months from the date of issuance of the digital tokens.

The company will issue the Series 008 Tokens to accredited and institutional investors and list them on the ADDX Exchange.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Event News

Event News

SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd Cards & Payments
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.
Cards & Payments SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.