The transfer "is expected to enhance the group’s corporate profile and visibility among a broader base of institutional and international investors, while reinforcing its standing as an established and reputable brand," states MoneyMax on Jan 15.
MoneyMax Financial Services had on Jan 23 received approval-in-principle from the exchange to move its listing from the Catalist to the Mainboard.
The company, listed on SGX since 2013, had on Jan 14 filed its application for the transfer.
