OxPay Financial Completes Utilization of Convertible Loan Proceeds
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OxPay Financial Limited (SG:TVV) has announced the full utilization of approximately S$1,839,000 from a convertible loan facility. The funds were used for operating expenses, employee remuneration, loan repayments, and directors’ fees, supporting the company's operational stability and financial obligations. This strategic move may enhance its market position and stakeholder confidence. OxPay Financial operates in the financial services industry, focusing on payment solutions.
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