MoneyMax raises $88m in digital token notes with strong CEO and insiders backing
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MoneyMax Financial Services Ltd. successfully closed its Series 003 and 004 digital security token notes, raising a total of $88.56 million under its $200 million unsecured commercial paper program. The Series 003 notes raised $63.3 million, while Series 004 raised $25.26 million. Notably, Dato’ Sri Dr. Lim Yong Guan, CEO, and insiders subscribed for significant portions of both series. The notes will be listed on the ADDX Exchange on March 13, 2026. The offering was sponsored by United Overseas Bank Limited, ensuring compliance with SGX Catalist rules.
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