tiprankstipranks
Trending News
More News >

Rex International Subsidiary Seeks Debt Financing for Oman Expansion

Story Highlights
Rex International Subsidiary Seeks Debt Financing for Oman Expansion

Don’t Miss TipRanks’ Half-Year Sale

An update from Rex International Holding Ltd. ( (SG:5WH) ) is now available.

Rex International Holding’s subsidiary, Rex Oman Ltd, is exploring debt financing options to support its operations in Oman. The potential financing will be directed towards capital expenditure for Masirah Oil Ltd’s assets and general corporate purposes, which could enhance Rex’s operational capabilities and market positioning in the region.

More about Rex International Holding Ltd.

Rex International Holding Limited is a multinational oil exploration and production company listed on the Singapore Exchange. The company has interests in exploration and production licenses in Norway, Germany, Oman, and Benin, and holds operatorship for the assets in Oman, Benin, and Germany. Rex utilizes its proprietary technology to de-risk its portfolio of exploration and development assets.

Average Trading Volume: 38,782,854

Technical Sentiment Signal: Buy

Current Market Cap: S$235.7M

For detailed information about 5WH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1