MoneyMax Financial Services Receives Approval-In-Principle for Main Board Transfer

Date: 26 January 2026

Key Highlights

• Approval-in-Principle (AIP) Received: MoneyMax Financial Services Ltd. has secured the approval-in-principle from the Singapore Exchange Securities Trading Limited (SGX-ST) to transfer its listing from the Catalist Board to the Main Board.
• Shareholder Approval Required: The proposed transfer is subject to approval by shareholders through a special resolution at an upcoming Extraordinary General Meeting (EGM).
• Compliance with Listing Requirements: The transfer is conditional upon MoneyMax meeting all Main Board listing requirements and fulfilling several undertakings and confirmations to the SGX-ST.
• Circular and EGM Notice: Shareholders will receive a detailed circular and notice of EGM in due course.

Details of the Proposed Listing Transfer

MoneyMax Financial Services Ltd. (“the Company”) is planning to transfer its listing status from the Catalist to the Main Board of the SGX-ST, a significant move that could enhance the Company’s visibility, trading liquidity, and appeal to a broader base of institutional investors.

The SGX-ST has granted an approval-in-principle (AIP) for the proposed transfer, subject to several important conditions:

• Compliance with Main Board Listing Requirements: The Company must ensure full compliance with SGX-ST’s listing rules for Main Board issuers.
• Shareholder Approval: The transfer must be approved by shareholders at an EGM via a special resolution.
• Submission of Specific Undertakings and Confirmations:
  • A written undertaking from the Company to adhere to all Main Board requirements and policies.
  • An undertaking from the Company and its sponsor confirming no undisclosed material information affecting suitability for Main Board listing.
  • Signed undertakings from all directors (and any new director appointed after the transfer) in the prescribed format.
  • Confirmation of compliance with all Catalist Rules applicable up to the date of transfer.
  • Confirmation of compliance with specific Catalist and Main Board rules, particularly after completion of a compliance placement prior to the effective date.

What Shareholders Need to Know

• Potential Price Sensitivity: The move to the Main Board is a material development and could positively impact MoneyMax’s share liquidity, investor profile, and valuation, making this a potentially price-sensitive event.
• No Certainty of Completion: There is no assurance at this stage that shareholders will approve the transfer, or that all conditions will be fulfilled for the move to be completed.
• Next Steps: Shareholders are advised to watch for the upcoming circular and EGM notice to participate in the decision-making process.

Importance for Investors

The proposed transfer may be a catalyst for increased institutional investor interest, improved trading liquidity, and potentially a re-rating of MoneyMax’s shares. However, investors should be aware of the procedural risks and the need for regulatory and shareholder approvals before the transfer can proceed.

The Company will continue to update shareholders on material developments. In the meantime, investors should exercise caution when dealing in MoneyMax shares, as the outcome of the Proposed Listing Transfer remains uncertain.

Contact Information

Company Sponsor: United Overseas Bank Limited (UOB)
Contact Person: Mr. Lim Hoon Khiat, Senior Director, Equity Capital Markets
Address: 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624
Tel: +65 6533 9898

Disclaimer

This article is for informational purposes only and is not a recommendation to buy or sell any securities. Readers are advised to consult their financial advisors, stockbrokers, or other professional advisers if they have any questions or concerns regarding their investments. The information in this article is based on the Company’s announcement and subject to change without notice. The SGX-ST has not examined or approved the contents of this article.

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