MT Newswires05-26
OxPay Financial (SGX:TVV) has agreed to extend the long-stop date for its previously disclosed convertible loan agreement of a principal amount of up to SG$2.5 million, according to a Tuesday filing with the Singapore Exchange.
The extended deadline gives the financial services firm more time to get the required approvals, the filing said.
The company had signed a deal last month with Oxley Capital Management to acquire to acquire the loan.
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