ValueMax has raised $15.10 million in gross proceeds through its six month Series 005 Issuance launched on Sept 12, according to a release dated Sept 24.
Among the subscribers of the six month Series 005 Issuance, independent non-executive director of the company, Tan Soon Ling, subscribed for $0.5 million, amounting to 3.31%.
ValueMax says that the digital securities issued will be listed on the ADDX digital platform on Sept 25.
Shares in ValueMax T6I closed flat at 45 cents on Sept 24.