Moneymax Raises SG$29 Million from Issue of Digital Tokens; Shares Down 4%

MT Newswires09-16

Moneymax Financial Services (SGX:5WJ) raised SG$28.8 million from the issue of the fourth series of digital security tokens under its SG$100 million unsecured commercial paper program, a filing with the Singapore Exchange said on Friday.

The tokens will be listed on the ADDX Exchange on Sept. 16, according to an after-market filing on Friday.

Shares of the pawnbroker were down over 4% in recent trading.

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