MAS Financial Services to Consider Issuance of Commercial Papers and NCDs

Image Source: SMEST Capital

MAS Financial Services Ltd has revealed intentions to explore the issuance of commercial papers and non-convertible debentures (NCDs) as part of its capital-raising plans. This is to increase liquidity and finance the company's growth and operational expansion.

Highlights:

✅ Commercial Papers: The issuer is considering issuing short-term commercial papers to meet its near-funding requirements.

✅ Non-Convertible Debentures: MAS Financial is also weighing long-term NCDs, to raise stable capital for strategic purposes.

✅ Board Approval: The plans will be considered and approved, as per the guidance given by the Board of Directors.

✅ Market Impact: Experts opine that these financial tools will fortify the firm's balance sheet, increasing its financial flexibility.

✅ Future Outlook: The fundraising effort will help MAS Financial's growth ambitions, strengthening its hold in the NBFC segment.

Through this strategic action, MAS Financial Services Ltd is set to reinforce its financial strength, guaranteeing sustainable growth and operational effectiveness.

Source: MAS Financial Services, Press Release