MoneyMax Financial Services Ltd. has announced that its Malaysian subsidiary, MoneyMax Treasure Sdn. Bhd., has received AA-(cg) and MARC-1(cg) ratings from MARC Ratings for its RM200m Tranche 1 issuance. This issuance is part of a larger commercial paper/medium term note (CP/MTN) programme valued at up to RM500m, established on 18 June 2026.
The ratings reflect the strength of MoneyMax’s business model and its disciplined risk management practices. Executive Chairman and CEO, Lim Yong Guan, stated, “The ratings provide an independent validation of the Group’s credit profile and enhance our ability to access diversified and competitive funding sources.”
The establishment of this programme is set to bolster MoneyMax’s financial flexibility, supporting its growth strategy across Singapore and Malaysia. With 124 outlets in operation, the Group plans to use the enhanced access to capital to expand its lending activities and optimise working capital management.
Kenanga Investment Bank Berhad has been appointed as the Principal Adviser, Lead Arranger, Lead Manager, and Facility Agent for the programme. The programme is jointly guaranteed by MoneyMax and its subsidiary, Cash Online Sdn Bhd.
MoneyMax, listed on the Singapore Exchange since 2013, is a leading financial services provider in Southeast Asia, offering a range of services including pawnbroking, secured financing, and luxury retail. The Group continues to innovate, having launched an e-commerce platform and mobile app, MoneyMax Online, in 2015.
