Rex International Holding Ltd. (SG:5WH) has released an update.
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Rex International Holding Ltd. has announced the provision of Security Documents as transaction security for a bond issued by its joint venture, Lime Petroleum Holding AS. The company’s financial statements reveal a net tangible asset value of US$95.02 million as of the end of 2023, with transactions involving interested parties totaling approximately US$166.56 million for the fiscal year 2024. These transactions represent a significant 175.29% of the Group’s latest audited net tangible assets.
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