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KGI raises Rex International target price to S$0.54 on higher oil prices

Increased cash flow provides it "a sizeable war chest" to fund growth, diversification plans

Published Sat, Mar 12, 2022 · 05:50 AM

Singapore

OIL and gas company Rex International is set to benefit from rising oil prices as well as its strong balance sheet, said KGI Securities.

In a report on Friday (Mar 11), …

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