Stock Track | MoneyMax Financial Soars 3.26% Intraday on Capital Raising and Main Board Transfer Plans

Stock Track

May 07

MoneyMax Financial Services' stock surged 3.26% during intraday trading on Thursday, showing strong investor interest in the company.

The movement follows recent developments including a successful capital raising effort where the company secured S$44.3 million through a placement of 53 million new shares to EQDP-appointed fund managers. The placement was fully subscribed by institutional investors including Fullerton Fund Management, Lion Global Investors and Eastspring Investments.

Proceeds from the placement are earmarked for working capital and support the company's proposed transfer from the Catalist board to the SGX Main Board, which is targeted for completion in early May. The company also reported strong FY2025 financial results with revenue rising 38.9% and profit surging 87.6%, alongside an increased dividend payout including a special dividend.

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The placement was fully subscribed by institutional investors including Fullerton Fund Management, Lion Global Investors and Eastspring Investments.</p><p>Proceeds from the placement are earmarked for working capital and support the company's proposed transfer from the Catalist board to the SGX Main Board, which is targeted for completion in early May. The company also reported strong FY2025 financial results with revenue rising 38.9% and profit surging 87.6%, alongside an increased dividend payout including a special dividend.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"5WJ.SI","symbol_name":"银丰当","start_time":0,"source_url":"","article_id":"1127430866","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1127430866","pubTimestamp":1778131237,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MoneyMax Financial Services' stock surged 3.26% during intraday trading on Thursday, showing strong investor interest in the company.The movement follows recent developments including a successful...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"5WJ.SI":"银丰当"},"translate_title":"股票追踪|MoneyMax Financial盘中大涨3.26%因融资及主板转板计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5WJ.SI":1},"content_text":"MoneyMax Financial Services' stock surged 3.26% during intraday trading on Thursday, showing strong investor interest in the company.The movement follows recent developments including a successful capital raising effort where the company secured S$44.3 million through a placement of 53 million new shares to EQDP-appointed fund managers. 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