KEY POINTS:
Plus SMS Holdings says it has raised $1.25 million by issuing 15.625 million convertible loan notes at 8c each.
The money would be used to support the expansion of the company's Windows Live for Mobile services across Latin America and Asia.
Plus SMS is the parent company of mobile entertainment and connectivity services provider CRE8.
Plus SMS shares closed down 0.9c at 9.3c. Its shares were as high as 82c in November 2005.
