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OxPay Secures S$2.5 Million Convertible Loan to Bolster Financial Position

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OxPay Secures S$2.5 Million Convertible Loan to Bolster Financial Position

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OxPay Financial Limited ( (SG:TVV) ) just unveiled an announcement.

OxPay Financial Limited has entered into a convertible loan agreement with Oxley Capital Management Pte. Ltd., securing a loan facility of up to S$2,500,000. This agreement follows a previous loan from the same lender and is part of OxPay’s strategy to strengthen its financial resources, potentially impacting its market operations and shareholder value.

More about OxPay Financial Limited

OxPay Financial Limited is a company incorporated in Singapore, operating in the financial services industry. It focuses on providing payment solutions and financial services, with a market focus on leveraging convertible loan agreements to enhance its financial position.

Average Trading Volume: 227,986

Technical Sentiment Signal: Sell

Current Market Cap: S$3.59M

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

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