Rex cranks up production volume

Singapore

IT HAS been all sunshine and roses for mid-sized oil firm Rex International Holding lately, but the stock showing of the former Catalist-listed firm on its maiden day on the Singapore Exchange's main board belies that somewhat.

Except for the early minutes of trading when it edged marginally higher, the counter has spent Tuesday's (Mar 8) session underwater; it finished lower S$0.025 or 5.2 per cent at S$0.455.