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An announcement from Rex International Holding Ltd. ( (SG:5WH) ) is now available.
Rex International Holding said its subsidiary Lime Petroleum Holding has secured bondholders’ approval to defer interest payments due in January 2026 on its outstanding bonds and to temporarily waive and suspend the bonds’ minimum liquidity covenants until 31 March 2026. The move leaves all other bond terms intact while easing short-term financial pressures at LPH, enhancing its near-term liquidity and operational flexibility, and signalling continued support and cooperation from its bond investor base as the company manages its capital structure.
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 headquartered in Singapore, operating through subsidiaries such as Lime Petroleum Holding (LPH) to develop and manage petroleum assets in its target markets.
Average Trading Volume: 10,507,596
Technical Sentiment Signal: Sell
Current Market Cap: S$196.7M
For detailed information about 5WH stock, go to TipRanks’ Stock Analysis page.