Rex International Holdings

Broker's Calls

UOB Kay Hian downgrades Rex International to 'sell' as it moves away from the oil and gas industry

The analysts have also reduced their target price to 10 cents, from 45 cents previously.

Company in the news

Rex International's subsidiary to purchase entire issued share capital of Moroxite T in IPT

Shares in Rex International closed flat at 21.5 cents on Dec 30.

Company in the news

Rex International makes further investment into Xer Technologies for US$1 mil

The new acquisition will bring Rex Technology’s shareholding interest in Xer to 53% from 40%, making Xer a subsidiary.

Oil & Gas

Rex International's subsidiary sees $133.9 mil senior secured bond fully subscribed

The bonds are expected to be issued on July 5, with a maturity date of July 7, 2025.


Rex International signs deeds of novation pertaining to production sharing contracts with Petronas

All provisions of the PSCs will remain in full force and effect and binding.

Broker's Calls

Broker's Digest: Del Monte, Cordlife, ComfortDelGro, Megachem, Rex International

See what the analysts have to say on these counters.


Rex International Holding sees increased oil production and positive cash flow for FY2021

Rex’s 2021 Round-up sees a transformational year in increased oil production and positive cash flow
Rex International's subsidiary awards drilling rig contract to three wells in Oman - THE EDGE SINGAPORE


Rex International's subsidiary awards drilling rig contract to three wells in Oman

The drilling is expected to begin in December 2020.


Rex International swings back into the black in 2Q on one-off gain

SINGAPORE (Aug 13): Rex International reported earnings of US$23.6 million ($32.7 million), or 1.83 US cents per share, for the 2Q19 ended June, reversing from the net loss of US$2.7 million in 2Q18 a year ago.

Rex International subsidiary commences drilling of new exploration well in Oman

SINGAPORE (March 20): Oil company Rex International Holdings says Masirah Oil, its indirect wholly-owned subsidiary, has commenced the drilling of exploration well Karamah#1 in Oman’s Block 50.