Rex International Holding Ltd. (SG:5WH) has released an update.
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Rex International Holding Ltd. reported a total expenditure of US$51.84 million in the third quarter of FY2024, with significant investments in exploration and production activities across Oman and Norway. The company spent US$9.42 million in Oman and US$39.81 million in Norway, alongside smaller investments in Benin and for general working capital. Notably, costs in Norway exceeded projections due to increased exploration and production activities.
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