A Mainboard listing would also provide MoneyMax with a wider platform and greater opportunities for future fund raising. In addition, the company would be able to have access to a larger and more diverse investor market, including institutional and overseas investors. “This will facilitate and enable the company to better tap into both the equity and debt capital markets to meet the group’s funding requirements when needed and provide the group with greater flexibility to pursue growth opportunities both locally and overseas.”
MoneyMax Financial Services (SGX:5WJ) has applied to the Singapore Exchange Securities Trading Limited (SGX-ST) to transfer to the Mainboard on Jan 14.
A Mainboard listing would enhance long-term value for the company’s shareholders and boost its image locally and overseas. According to MoneyMax, public investors tend to accord a premium to Mainboard-listed companies compared to Catalist-listed firms.

