MoneyMax Financial Services Ltd., a prominent financial services provider in Southeast Asia, has submitted an application to transfer its listing from the Catalist to the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST). The company, which has been listed on the Catalist since 2013, announced this strategic move on 14 January 2026, aiming to bolster its corporate profile and attract a broader range of institutional and international investors.
The company has demonstrated consistent growth, with net profit attributable to owners nearly doubling from S$19.8m in 2021 to S$38.2m in 2024. For the first half of 2025, MoneyMax reported a 78.8% year-on-year increase in net profit, reaching S$29.6m. Executive Chairman and CEO, Dato’ Sri Dr. Lim Yong Guan, stated, “MoneyMax has delivered strong and consistent growth in its performance over the years, underpinned by disciplined execution, continuous innovation and our ability to stay ahead of market trends and evolving lifestyle needs.”
The proposed transfer is subject to approval from the SGX-ST and MoneyMax shareholders at an extraordinary general meeting. Dr. Lim added, “A listing on the Main Board is an important step in our growth journey. We believe that it will provide MoneyMax with greater visibility and recognition in the capital markets and amongst public investors.”
MoneyMax’s move to the Main Board is expected to strengthen investor confidence and better position the company to pursue strategic objectives. Further announcements will be made as developments occur.