MoneyMax Financial Services Ltd AGM Notice 2025 | Financial Statements | Dividend Payment Details

MoneyMax Financial Services Ltd.’s AGM: What You Need to Know

MoneyMax Financial Services Ltd. (the “Company”) has announced its upcoming Annual General Meeting (AGM) to be held on April 25, 2025, at 9:30 a.m. at 7 Changi Business Park Vista, #01-01, SOOKEE HQ, Singapore 486042. The meeting will discuss and vote on several resolutions that may impact the Company’s future performance and direction.

Key Points to Consider

• The AGM will be held on April 25, 2025, at 9:30 a.m. at 7 Changi Business Park Vista, #01-01, SOOKEE HQ, Singapore 486042.
• The Company’s directors, including Mr. Lim Yeow Hua, Mr. Ko Chuan Aun, and Ms. Ong Beng Hong, are slated for re-election.
• The proposed final one-tier tax-exempt dividend of 1.4 Singapore cents per share for the financial year ended December 31, 2024, will be discussed and voted upon.
• The Company is seeking approval for the allotment and issuance of shares under the MoneyMax Performance Share Plan 2024 (“PSP”).

Resolutions to be Tabled

Several resolutions will be put forth during the AGM, including:

1. Re-election of Directors: Mr. Lim Yeow Hua, Mr. Ko Chuan Aun, and Ms. Ong Beng Hong are set to be re-elected as Directors of the Company.
2. Dividend Payment: The Company will pay a final dividend of 1.4 Singapore cents per share for FY2024.
3. Directors’ Fees: The Directors’ fees of S\$205,000 for the financial year ending December 31, 2025, payable quarterly in arrears, will be discussed.
4. Renewal of the IPT General Mandate: Approval will be sought for the Company, its subsidiaries, and associated companies to enter into interested person transactions (IPTs) with certain Mandated Interested Persons.
5. Allotment and Issuance of Shares: The Directors will be authorized to allot and issue Shares and convertible securities in the Company, subject to certain conditions.
6. Authority to Grant Awards and Allot Shares under the PSP: The Directors will be empowered to offer and grant awards and to allot and issue Shares pursuant to the vesting of Awards in accordance with the rules of the PSP.

Agenda and Voting Details

The AGM will discuss and vote on several resolutions, including:

• The adoption of the directors’ statement and the audited financial statements of the Company for the financial year ended December 31, 2024.
• The declaration of a final one-tier tax-exempt dividend of 1.4 Singapore cents per Share for FY2024.
• The re-election of Mr. Lim Yeow Hua, Mr. Ko Chuan Aun, and Ms. Ong Beng Hong as Directors of the Company.
• The approval of the Directors’ fees of S\$205,000 for the financial year ending December 31, 2025.
• The re-appointment of Messrs RSM SG Assurance LLP as the independent auditor of the Company.

Submission of Questions and Proxies

Shareholders may submit questions related to the resolutions to be tabled for approval at the AGM in advance of the meeting via email to ir@moneymax.com.sg or by post to the Company’s Share Registrar, B.A.C.S. Private Limited. The completed proxy forms must be submitted to the Company by April 22, 2025.

Disclosure and Disclaimer

The information contained in this article was obtained from publicly available sources and was believed to be accurate at the time of publication. However, readers are cautioned that the information provided may not be up-to-date, and they should verify any details with the Company or its representatives before making investment decisions.

Disclaimer: This article is for informational purposes only and should not be considered as investment advice. Readers are advised to consult with a financial advisor or conduct their own research before making any investment decisions.

1 Page 1 of the notice of AGM document.

MoneyMax Financial Services Ltd. AGM: What You Need to Know

The annual general meeting (AGM) of MoneyMax Financial Services Ltd. will be held on April 25, 2025, at 9:30 a.m. at 7 Changi Business Park Vista, #01-01, SOOKEE HQ, Singapore 486042. Shareholders will need to register in person at the registration counter(s) outside the AGM venue on the day of the event. Registration will commence at 9:00 a.m. on that day. Please bring along your NRIC/passport to enable the Company to verify your identity.
The AGM will be held in a wholly physical format, and there will be no option for shareholders to participate virtually.
Important Dates:

• Record Date: May 13, 2025
• Closure of Share Transfer Books and Register of Members: May 13, 2025
• Payment Date: May 23, 2025

Significant Resolutions

Several resolutions will be proposed at the AGM, including:

• The adoption of the directors’ statement and the audited financial statements of the Company for the financial year ended December 31, 2024.
• The declaration of a final one-tier tax-exempt dividend of 1.4 Singapore cents per Share for FY2024.
• The re-election of Mr. Lim Yeow Hua, Mr. Ko Chuan Aun, and Ms. Ong Beng Hong as Directors of the Company.
• The approval of the Directors’ fees of S\$205,000 for the financial year ending December 31, 2025.
• The re-appointment of Messrs RSM SG Assurance LLP as the independent auditor of the Company.

Shareholders who wish to appoint a proxy(ies) must complete the instrument appointing a proxy(ies) before submitting it in the manner set out below.
Proxy Appointment:
A member who is not a relevant intermediary is entitled to appoint not more than two (2) proxies. Where such member’s instrument appointing a proxy(ies) appoints more than one (1) proxy, the proportion of the shareholding concerned to be represented by each proxy shall be specified in the instrument.
A member who is a relevant intermediary is entitled to appoint more than two (2) proxies, but each proxy must be appointed to exercise the rights attached to a different Share or Shares held by such member.
Shareholders may submit questions related to the resolutions to be tabled for approval at the AGM in advance of the meeting via email to ir@moneymax.com.sg or by post to B.A.C.S. Private Limited, at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896.
The Company will endeavour to address all substantial and relevant questions received from Shareholders by publishing its responses to such questions on the Company’s website at https://moneymax.com.sg/shareholders-meetings/ and on the SGX-ST’s website prior to the AGM.

Key Information

SGX-ST ticker symbol: 5MX
Company Name: MoneyMax Financial Services Ltd.
Market Capitalization: SGD 78.61 million (approx.)
Previous Close: SGD 0.290
52-Week High/Low: SGD 0.360 / SGD 0.204
Information Source: The information provided in this article was obtained from publicly available sources and was believed to be accurate at the time of publication. Readers are advised to consult with a financial advisor or conduct their own research before making any investment decisions.

View MoneyMax Fin Historical chart here