addx

Equity raising

ValueMax raises $31.72 mil with close of three and four-month digital securities

The digital securities, which were launched on Dec 7, will be listed on the ADDX digital platform on Dec 22.

Fintech

ValueMax to raise up to $70 mil through three and four-month digital commercial papers

Both sets of digital securities are priced at 5% per annum, maturing three and four months from the date of issuance respectively.

Investing strategies

Aggregate Asset Management partners private exchange ADDX to list diversified deep-value equity fund

An ADDX-exclusive share class at a minimum ticket size of $10,000 will not charge performance or management fees for two years.
MoneyMax to raise up to $15 mil via digital security tokens - THE EDGE SINGAPORE

Fintech

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.
ValueMax to raise up to $50 mil via digital commercial paper - THE EDGE SINGAPORE

Fintech

ValueMax to raise up to $50 mil via digital commercial paper

The digital securities are priced at 5.1% per annum.

New appointments

Former SGX senior MD Chew Sutat appointed as ADDX's chairman

Chew has over 25 years of experience in the financial services industry, with senior roles in SGX and banks such as DBS and OCBC.
OCBC Bank partners ADDX to distribute first tokenised equity-linked structured note - THE EDGE SINGAPORE

Fintech

OCBC Bank partners ADDX to distribute first tokenised equity-linked structured note

The note is linked to shares in a “US-listed tech giant” and was launched on the ADDX platform at a minimum size of US$50,000.

Investing 101

Investors expect to retire three years earlier than non-investors, says survey by YouGov and ADDX

The survey also found that there's a gender gap in investment behaviours and valuing different sources of investment advice.

Funds

Yangzijiang Financial signs MOU with ADDX to distribute its capital markets products

The move is said to broaden Yangzijiang Financial’s investor reach and boost its assets under management (AUM).
ADDX’s Choo Oi Yee appointed as CLAR’s non-executive independent director - THE EDGE SINGAPORE

New appointments

ADDX’s Choo Oi Yee appointed as CLAR’s non-executive independent director

Prior to ADDX, Choo was the managing director and head of UBS Singapore’s Singapore investment banking department.
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