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Regional Express Holdings Limited ( (AU:REX) ) has shared an update.
Regional Express Holdings Limited has announced the completion of a debt assignment from PAGAC Regulus Holding Pte. Ltd to the Commonwealth of Australia. This strategic financial move, completed under the guidance of appointed administrators from Ernst & Young, is part of the company’s restructuring efforts amidst its voluntary administration, potentially impacting its financial stability and stakeholder confidence.
More about Regional Express Holdings Limited
Regional Express Holdings Limited is a company in the aviation industry, primarily offering airline services. The company operates under various subsidiaries like Rex Airlines Pty Ltd and focuses on regional air travel services in Australia.
YTD Price Performance: 0.65%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €38.44M
Learn more about REX stock on TipRanks’ Stock Analysis page.
