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Rex International Adjusts Quoted Investment Portfolio

Rex International Adjusts Quoted Investment Portfolio

Rex International Holding Ltd. (SG:5WH) has released an update.

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Rex International Holding Ltd. has announced a decrease in the cost of its quoted investments from US$15.019 million to US$13.019 million, attributed to the maturity of certain debt investments by the end of 2024. This adjustment reflects a change in the percentage of their net tangible assets from 15.81% to 13.70%. Investors might find this shift significant as it impacts the company’s investment strategy and financial positioning.

For further insights into SG:5WH stock, check out TipRanks’ Stock Analysis page.

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