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OxPay Financial Updates on Convertible Loan Proceeds Utilization

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OxPay Financial Updates on Convertible Loan Proceeds Utilization

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

OxPay Financial Limited announced an update on the use of net proceeds from a convertible loan facility amounting to approximately S$1,839,000. The funds have been allocated towards operating expenses, employee remuneration, and repayment of existing loans, aligning with the company’s initial plans. The company will continue to update stakeholders on the utilization of the remaining funds.

More about OxPay Financial Limited

OxPay Financial Limited is a company incorporated in the Republic of Singapore, operating in the financial services industry. The company, along with its subsidiaries, focuses on providing financial solutions and services.

Average Trading Volume: 4,572,066

Technical Sentiment Signal: Hold

Current Market Cap: S$15.25M

Learn more about TVV stock on TipRanks’ Stock Analysis page.

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