Rex International Sells Around 13 Million Treasury Shares

MT Newswires

02/05

Rex International (SGX:5WH) sold around 13.2 million treasury shares at SG$0.143 apiece to raise around SG$1.9 million under a proposed placement to Eagle Harbor Multi-Strategy Master Fund and BB Special Opportunities Fund.

Following the sale of the treasury shares, the oil and gas exploration company has no shares left in the treasury, according to a Thursday filing with the Singapore Exchange.

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