OxPay Financial: Wholly-owned Subsidiary Oxygen7 Increases Capital to US$350000

NewTimeSpace News: OxPay Financial announced on May 11 that by subscribing for 349,000 new shares, the Company has increased the issued and paid-up capital of its wholly-owned subsidiary Oxygen7 Pte Ltd from US$1000 to US$350000.

NewTimeSpace News: On 11 May 2026, OxPay Financial announced that the Company has increased the issued and paid-up capital of its wholly-owned subsidiary Oxygen7 Pte Ltd from US$1000 to US$350000, via subscribing for 349000 new shares at US$1 per share.

As stated in the announcement, the capital injection is funded by internal resources and is not expected to have a material impact on the net tangible assets per share or earnings per share for the current financial year ending 31 December 2026.

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