MoneyMax Treasure Pte. Ltd. Announces Launch of Series 003 and Series 004 Digital Security Tokens

Key Highlights for Investors

• Launch of New Digital Security Tokens: MoneyMax Treasure Pte. Ltd., a wholly-owned subsidiary of MoneyMax Financial Services Ltd., has launched its Series 003 and Series 004 unsecured commercial paper in the form of digital security tokens. These tokens are part of the company’s S\$200,000,000 unsecured commercial paper programme.
• Guaranteed by MoneyMax Financial Services Ltd.: Both Series 003 and Series 004 Notes are fully guaranteed by MoneyMax Financial Services Ltd., providing additional security for investors.
• Interest Rates and Maturities:
  • Series 003 Notes: Bear an interest rate of 3.85% per annum and mature three months from the date of issuance.
  • Series 004 Notes: Carry a higher interest rate of 4.25% per annum and mature 364 days from the date of issuance.
• Expected Fundraising:
  • The issuer expects to raise between S\$50 million to S\$80 million in aggregate from Series 003 Notes.
  • Expected fundraising from Series 004 Notes is between S\$20 million to S\$50 million.
  • These amounts may be varied at the sole and absolute discretion of the issuer.
• Target Investors: The Series 003 and 004 Notes will be issued exclusively to accredited and institutional investors and will be listed on the ADDX Exchange, a regulated security token trading platform.

Shareholder Information and Potential Price Sensitivity

• Digital Security Token Innovation: The issuance of commercial paper as digital security tokens marks a significant innovation in MoneyMax’s financing strategy. This move positions MoneyMax as a forward-thinking player in Singapore’s financial ecosystem, potentially attracting new investor interest and enhancing capital market visibility.
• Material Development Disclosure: MoneyMax Financial Services Ltd. has committed to making further announcements if material developments arise in relation to the Programme or the issuance of these notes. Shareholders should monitor these announcements closely, as new information may affect the company’s share value.
• Fundraising Impact: The successful raising of up to S\$130 million in new funds could provide substantial liquidity and support for MoneyMax’s business expansion and operational initiatives. This may have a positive impact on the company’s financial stability and growth prospects.
• Interest Rate Environment: The competitive interest rates offered (3.85% and 4.25%) could attract institutional demand, especially in the current market context, potentially boosting MoneyMax’s credibility and investor confidence.
• Regulatory Compliance: The announcement has been reviewed by United Overseas Bank Limited for compliance with SGX-ST rules, although it has not been examined or approved by the SGX-ST. The company emphasizes that the SGX-ST takes no responsibility for the content, which is standard but important for investors to note.
• Exclusivity and Restrictions: These notes are not available to U.S. persons and are subject to strict regulatory restrictions, which may limit international investor participation.

Additional Details

• Listing Platform: ADDX Exchange, a regulated security token platform, will facilitate trading of the Series 003 and 004 Notes.
• Issuer’s Discretion: The amount raised and the terms are subject to change at the issuer’s discretion, which adds a degree of flexibility but also unpredictability for investors.
• Contact Information: For further inquiries, the sponsor is United Overseas Bank Limited, specifically Mr Lim Hoon Khiat, Senior Director, Equity Capital Markets, reachable at UOB Plaza 1, Singapore.

Potential Impact on MoneyMax Shares

The launch of these digital security tokens represents a potentially price-sensitive event for MoneyMax Financial Services Ltd. It demonstrates the company’s ability to access capital markets and attract institutional funding through innovative digital finance solutions. Investors should watch for further updates, as successful fundraising and increased visibility on the ADDX platform could positively influence MoneyMax’s share price. Conversely, any delays or issues in the issuance could pose risks.

Disclaimer

This article is for informational purposes only and does not constitute financial, legal, or tax advice. Investors should consult their own advisors before making investment decisions. The contents are based on public announcements and may be subject to change. The Singapore Exchange Securities Trading Limited (SGX-ST) has not examined or approved the contents and assumes no responsibility for the accuracy of statements herein.

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