Rex International Holding Begins Strategic Review of Lime Petroleum Holding

SGX Filings

03/03

Rex International Holding Limited said on Mar, 03 2026 that its wholly owned subsidiary Lime Petroleum Holding AS has started a strategic and financial review and is in the process of appointing a Chief Restructuring Officer.

Bondholders of Lime Petroleum Holding have issued a notice highlighting a potential default under existing bond terms and requested that no corporate actions be undertaken without their prior consultation.

The board of Lime Petroleum Holding is seeking legal advice on subsequent steps, while the parent company pledged to update shareholders on any material developments and advised investors to exercise caution when trading its shares.

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