
Catalist-listed MoneyMax to transfer to SGX mainboard on May 6

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Catalist-listed MoneyMax Financial Services will transfer to the SGX mainboard on May 6, enhancing shareholder value and visibility. The company recently completed a placement of 53 million shares at S$0.835 each, raising S$44.3 million, fulfilling transfer requirements. The placement attracted strong demand from institutional investors. MoneyMax reported a nearly doubled profit of S$42 million for the second half of 2025, driven by growth in core business segments. Shares rose 1.7% to S$0.925 on Thursday.
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