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OxPay Financial Secures Whitewash Waiver for Revised Loan Agreement

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OxPay Financial Secures Whitewash Waiver for Revised Loan Agreement

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An update from OxPay Financial Limited ( (SG:TVV) ) is now available.

OxPay Financial Limited has entered into a revised convertible loan agreement with a lender, replacing a previous agreement. The Securities Industry Council has granted a whitewash waiver, allowing the company to proceed with the transaction without obligating the controlling shareholder and lender to make a mandatory general offer, subject to specific conditions, including shareholder approval.

More about OxPay Financial Limited

OxPay Financial Limited, incorporated in Singapore, operates in the financial industry, focusing on providing financial solutions and services, including loan agreements, to its clients.

YTD Price Performance: -23.33%

Average Trading Volume: 96,321

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$6.34M

For an in-depth examination of TVV stock, go to TipRanks’ Stock Analysis page.

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