MoneyMax Financial Services Ltd. Closes S\$74.38 Million Series 002 Digital Security Token Offering
MoneyMax Financial Services Ltd. Announces Successful Close of S\$74.38 Million Digital Security Token Offering
Key Highlights
- Successful Close of Series 002 Notes: MoneyMax Treasure Pte. Ltd. (the “Issuer”), a subsidiary of MoneyMax Financial Services Ltd., has successfully closed its Series 002 Digital Security Token offering, raising a total of S\$74.38 million in gross proceeds under its S\$200,000,000 Unsecured Commercial Paper Programme.
- Listing on ADDX Exchange: The Series 002 Notes will be listed on the ADDX Exchange on 12 December 2025, providing liquidity and tradability for investors.
- Significant Insider Participation: Insiders and related parties—including the Executive Chairman, CEO, other members of the Lim family, the COO, and an Independent Non-Executive Director—collectively subscribed for S\$25.86 million (or 34.77% of the total Series 002 Notes), indicating substantial insider confidence in the offering.
Details of the Offering
The offering was closed at 12:00 p.m. (Singapore time) on 11 December 2025. The Series 002 Notes form part of MoneyMax’s existing S\$200 million Unsecured Commercial Paper Programme and are issued as digital security tokens. The move reflects MoneyMax’s ongoing commitment to innovation in financial products, leveraging blockchain and digital securities platforms for capital raising.
Insider and Related Party Participation
The following related parties participated in the offering:
- Dato’ Sri Dr. Lim Yong Guan (Executive Chairman, CEO, and controlling shareholder)
- Mdm. Lim Liang Eng (controlling shareholder and sister of Dato’ Sri Dr. Lim)
- Mdm. Lim Liang Cheng (sister of Dato’ Sri Dr. Lim)
- Mdm. Tan Yang Hong (COO and spouse of Dato’ Sri Dr. Lim)
- Mr. Lim Yeow Hua (Independent Non-Executive Director)
- Mdm. Yeh Siew Ho (spouse of Mr. Lim)
Collectively, these insiders subscribed for S\$25.86 million, representing 34.77% of the total issuance. Such substantial insider participation is generally seen as a strong vote of confidence and could be interpreted by the market as a bullish signal regarding MoneyMax’s outlook and the attractiveness of the Series 002 Notes.
Potential Impact and Considerations for Shareholders
- Material Developments: The Board has stated it will make further announcements as appropriate if material developments arise regarding the commercial paper programme or the Series 002 Notes.
- Price Sensitivity: The significant capital raised and insider participation may be price-sensitive information and could affect the share value as it demonstrates confidence from key stakeholders and strengthens the company’s balance sheet.
- Innovation and Market Perception: The listing of digital security tokens on ADDX positions MoneyMax as a pioneer in digital securities, potentially enhancing its reputation and appeal to tech-savvy and institutional investors.
Important Notice
This announcement is for information purposes only and does not constitute or form part of any offer or solicitation to purchase securities. It should not be relied upon as legal, financial, business, or tax advice. The Singapore Exchange Securities Trading Limited (SGX-ST) has not examined or approved the contents of this announcement and assumes no responsibility for its accuracy.
Disclaimer: This article is based on publicly available information as of 11 December 2025. Investors are advised to seek independent advice before making any investment decisions. The information contained herein does not constitute investment advice, and MoneyMax Financial Services Ltd. or its employees shall not be liable for any losses arising from reliance on this material.
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