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Rex International Holding Ltd. ( (SG:5WH) ) has shared an announcement.
Rex International Holding’s subsidiary, Rex Oman Ltd, is exploring debt financing options to support its activities in Oman. The potential financing would be used for capital expenditure on Masirah Oil Ltd’s assets and general corporate purposes, indicating a strategic move to bolster its operations 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 Securities Trading Limited’s Mainboard. The Group has interests in exploration and production licences in Norway, Germany, Oman, and Benin, and holds operatorship for the assets in Oman, Benin, and Germany.
Average Trading Volume: 38,782,854
Technical Sentiment Signal: Buy
Current Market Cap: S$235.7M
Learn more about 5WH stock on TipRanks’ Stock Analysis page.