MoneyMax Leasing Pte Ltd announced that it has received SGD 300,000 in an equity funding from existing investor MoneyMax Financial Services Ltd. (Catalist:5WJ) on March 30, 2020. The issued and paid up capital of the company increased from SGD 500,000 to SGD 800,000. Post-closing of the transaction, the investor will continue to retain its 100% stake in the company. The transaction is approved by the board of directors of MoneyMax Financial Services Ltd. (Catalist:5WJ).