Rex

Results

Rex International ends FY2022 with earnings of US$0.4 mil, contrary to earlier profit warning

Besides a final dividend of 0.5 cent for FY2022, Rex may pay an interim dividend for 1HFY203
KGI raises TP for Rex International, maintains 'outperform' recommendation - THE EDGE SINGAPORE

Broker's Calls

Rex International intends to upgrade listing to Mainboard; KGI raises target price to 40 cents

Rex’s strong balance sheet, free cash flow generation and access to capital differentiates it from many other E&P companies

Market Close

STI closes 1.6% higher at 2,896.55

SINGAPORE (Sept 6): The Singapore market ended higher on Tuesday despite a general lack of direction in global markets.
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