Rex International Subsidiary to Explore Debt Financing Alternatives for Oman Activities

MT Newswires

2025/06/30

Rex International's (SGX:5WH) subsidiary, Rex Oman, initiate a process to explore debt financing alternatives for its Oman activities, according to a filing with the Singapore Exchange on Monday.

Proceeds from the new financing will be utilized for capital expenditure of the company's Masirah Oil assets and for general corporate purposes.

Shares of the company were down nearly 2% in recent trading.

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