Moneymax Financial Services (SGX:5WJ) launched its eighth series of digital security tokens maturing in three months to raise proceeds of SG$15 million to SG$20 million, according to a Tuesday filing with the Singapore bourse.
The tokens, which are part of the company's SG$100 million unsecured commercial paper program, will bear an interest rate of 5.25% per annum, the filing said.
Price (SGD): S$0.25, Change: S$, Percent Change: %
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