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Rex International Sells Entire Treasury Shareholding in S$1.89 Million Placement

Story Highlights
  • Rex International sold 13.19 million treasury shares for cash to two investment funds.
  • The sale raised about S$1.89 million, increased share capital and cleared treasury stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rex International Sells Entire Treasury Shareholding in S$1.89 Million Placement

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

Rex International Holding Limited has completed the sale of all its 13,187,000 treasury shares for cash to Eagle Harbor Multi-Strategy Master Fund Limited and BB Special Opportunities Fund Ltd, following a previously announced placement agreement. The transaction, executed on 5 February 2026 at S$0.143 per share for total proceeds of about S$1.89 million, increases the company’s issued share capital to 1,315,507,991 shares and eliminates its treasury share balance, signalling a move to raise funds and broaden its institutional investor base.

The most recent analyst rating on (SG:5WH) stock is a Hold with a S$0.14 price target. To see the full list of analyst forecasts on Rex International Holding Ltd. stock, see the SG:5WH Stock Forecast page.

More about Rex International Holding Ltd.

Rex International Holding Limited is an oil and gas exploration and production company listed on the Singapore Exchange, focusing on upstream activities and related energy assets. The company manages its capital structure partly through share placements and treasury share management to support its funding and investment needs.

Average Trading Volume: 12,367,368

Technical Sentiment Signal: Sell

Current Market Cap: S$191.4M

See more data about 5WH stock on TipRanks’ Stock Analysis page.

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