MoneyMax Financial Services had on Jan 23 received approval-in-principle from the exchange to move its listing from the Catalist to the Mainboard.
The company, listed on SGX since 2013, had on Jan 14 filed its application for the transfer.
The transfer "is expected to enhance the group’s corporate profile and visibility among a broader base of institutional and international investors, while reinforcing its standing as an established and reputable brand," states MoneyMax on Jan 15.
In the most recent 1HFY2025 ended June 30 2025, the company reported earnings of $29.6 million, an increase of 78.8% y-o-y.
As at 9.22 am, MoneyMax shares changed hands at 68 cents, giving it a market value of $592.4 million. It is up 297.06% in the past year.
