MoneyMax Financial Services Ltd. has successfully closed its inaugural offering of Series 001 Notes under its S$200 million unsecured commercial paper programme. The offering, which concluded on 11 September 2025, raised S$72.74 million in gross proceeds.
The Series 001 Notes will be listed on the ADDX Exchange on 12 September 2025.
This offering attracted significant interest from key stakeholders within the company. Notably, Dato’ Sri Dr. Lim Yong Guan, the Executive Chairman and CEO, along with other related parties, collectively subscribed for S$26.56 million, accounting for 36.51% of the total issuance. This group includes Non-Executive Director Lim Yong Sheng, Chief Operating Officer Tan Yang Hong, and several family members of Dato’ Sri Dr. Lim.
The successful closure of this offering marks a significant milestone for MoneyMax Treasure, a subsidiary of MoneyMax Financial Services, as it embarks on its commercial paper programme. The company has indicated that further announcements will be made if there are material developments related to the programme or the issuance of the Series 001 Notes.
This move is expected to enhance MoneyMax’s financial flexibility and support its growth initiatives. The listing on the ADDX Exchange provides a platform for increased visibility and potential investor engagement.
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