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MoneyMax to raise up to $15 mil via digital security tokens

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
MoneyMax to raise up to $15 mil via digital security tokens
The issuance will bear an interest rate of 5.25% per annum and will mature four months from the date of issuance. Photo: MoneyMax
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Pawnbroker MoneyMax Financial Services (SGX:5WJ) has launched its Series 005 Tokens under its commercial paper programme on the ADDX Exchange.

The issuance will bear an interest rate of 5.25% per annum and will mature four months from the date of issuance.

The company expects to raise between $10 million to $15 million from accredited and institutional investors. 

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