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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
‘I feel so stupid’: How young Indonesians get stuck on the debt treadmill
Indonesia targets year-end start for US$30 billion clean power exports to Singapore