MoneyMax Financial Services fully allocates 43.4 million Singapore dollars from share placement
SGX Filings
Jul 15
MoneyMax Financial Services Ltd. announced on Jul, 15 2026 that it has completely deployed the 43.4 million Singapore dollars raised from its Apr, 2026 placement of 53.0 million new shares priced at 0.835 Singapore dollars each.
The company said the proceeds were used for general working capital, including 24.3 million Singapore dollars for pawn loan disbursements, 8.7 million for inventory purchases in the retail and trading segment, 7.5 million for auto and property loan disbursements, and 2.9 million for repayment of borrowings.
MoneyMax added that the utilisation aligns with the plans outlined in earlier announcements.
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