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Rex shares actively traded on drone technology investment

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Tan Nai Lun

Tan Nai Lun

Published Tue, Jul 6, 2021 · 09:50 PM
Drone investment

Singapore

SHARES of Rex International were actively traded on Tuesday after the group said it would invest up to US$4 million in commercial drone company Xer Technologies.

As at 9.02am, the counter gained one Singapore cent or 5 per cent to hit its intraday peak of 21 Singapore cents amid heavy trading, with some 9.1 million shares changing hands.

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