MoneyMax Financial Services Ltd. Raises S\$88.56 Million in Digital Security Token Issuance, With Significant Related Party Participation

Key Highlights for Investors

• Successful Close of Token Offerings: MoneyMax Financial Services Ltd. (“MoneyMax” or “the Company”) has successfully closed the offering of its Series 003 and Series 004 Digital Security Tokens under its S\$200,000,000 Unsecured Commercial Paper Programme via its subsidiary, MoneyMax Treasure Pte. Ltd.
• Substantial Capital Raised: The Company raised a total of S\$88.56 million in gross proceeds:
  • Series 003 Notes: S\$63.30 million
  • Series 004 Notes: S\$25.26 million
• Listing on ADDX Exchange: Both Series 003 and Series 004 Notes will be listed on the ADDX Security Token Platform, with trading commencing on 13 March 2026.
• Significant Related Party Participation:
  • Series 003 Notes: Related parties, including key management and controlling shareholders, subscribed for S\$26.28 million, representing 41.52% of the total Series 003 Notes issued.
  • Series 004 Notes: Related parties subscribed for S\$16.26 million, making up 64.37% of the total Series 004 Notes.
• Potential Price Sensitivity: The significant participation of related parties, including the Executive Chairman, CEO, and other members of the founding family, demonstrates strong internal confidence in the Company’s prospects and could be interpreted positively by the market.

Details of the Transaction

The issuance forms part of MoneyMax’s ongoing strategy to tap into digital securities and innovative financing solutions. The newly issued Notes are structured as digital security tokens and will be traded on the ADDX platform, enhancing liquidity and broadening the investor base.

Series 003 Notes Subscribers (Related Parties):

• 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, Chief Operating Officer and spouse of Dato’ Sri Dr. Lim
• Mr. Lim Yeow Hua, Independent Non-Executive Director
• Mdm. Yeh Siew Ho, spouse of Mr. Lim Yeow Hua

Collectively, these related parties subscribed for S\$26.28 million of the Series 003 Notes.

Series 004 Notes Subscribers (Related Parties):

• Dato’ Sri Dr. Lim Yong Guan, Executive Chairman, CEO, and controlling shareholder
• Mr. Lim Yong Sheng, Non-Executive Director and controlling shareholder
• Mdm. Lim Liang Eng, controlling shareholder
• Mdm. Tan Yang Hong, Chief Operating Officer
• Mdm. Yeh Siew Ho, spouse of Mr. Lim Yeow Hua

These related parties subscribed for S\$16.26 million of the Series 004 Notes.

What Shareholders Need to Know

• Strong Vote of Confidence: The high level of participation by the Company’s senior management and controlling shareholders may be viewed as a strong endorsement of MoneyMax’s business model and growth prospects.
• Potential Price Impact: The successful capital raise and related party involvement are potentially price sensitive and could influence investor sentiment, possibly impacting MoneyMax’s share price positively.
• Ongoing Developments: The Company will provide further updates should there be material developments related to the Programme or future issuances.
• Regulatory Note: The announcement has been reviewed by MoneyMax’s sponsor, United Overseas Bank Limited, for compliance with SGX Catalist rules, but not by the Singapore Exchange itself, which assumes no responsibility for its content.

Conclusion

This development represents a significant milestone for MoneyMax, showcasing the Company’s ability to raise substantial funds through innovative digital financing channels. The notable involvement of the Company’s leadership and founding family in the fundraising process is a key signal for investors, indicating strong alignment of interests and confidence in the Company’s trajectory.

Disclaimer

This article is for information purposes only and does not constitute investment advice, an offer, or solicitation to buy or sell any securities. Investors should consult their own legal, financial, tax, and business advisors before making any investment decisions. The Singapore Exchange assumes no responsibility for the content of this article.

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