Rex International Holding Limited announced on Mar, 11 2026 that Singapore Exchange Regulation granted approval in-principle on Mar, 10 2026 for the listing and quotation of securities tied to the company’s planned fund-raising exercise.

The proposal covers the issuance of 40,082,930 new ordinary shares at S$0.143 each, the placement of 13,187,000 treasury shares at the same price, and the issue of 53,269,930 free detachable unlisted non-transferable warrants that can be exercised at S$0.177 per share.

The securities will be allotted to two funds advised by Nursery Road Capital Management—Eagle Harbor Multi-Strategy Master Fund Limited and BB Special Opportunities Fund Ltd.—and must be placed out within seven market days of the approval date.

Rex International said it will make a separate announcement once the shares are allotted and the investment is completed.