MoneyMax Financial Services

The tokens will be issued to accredited and institutional investors and listed on the ADDX Exchange.

MoneyMax sees higher FY2023 earnings and revenue.

The issuance will bear an interest rate of 5.25% per annum and will mature four months from the date of issuance.

No dividend has been declared for 1HFY2023 as the group seeks to retain cash in the current economic environment.

MoneyMax borrows inspiration from McDonald's drive-throughs, pioneers drive-through pawnshops in JB

MoneyMax sees earnings growth in FY2022.

Earnings per share (EPS) for the period came in at 2.92 cents on a fully diluted basis.

For the company’s FY2020 ended last December, earnings increased 33% y-o-y to $33.9 million.

As at 10.21am, shares in MoneyMax are trading 2.1 cents higher or 10.6% up at 22 cents, representing a 52-week high.

SINGAPORE (Oct 14): Amid a global economic slowdown and uncertainty in the macroeconomic environment, investors tend to seek refuge in safe-haven assets such as gold, and insiders’ purchases of shares in companies that benefit from rising gold prices is