4 May 2022. The Company's segments include Oil and Gas and Non-Oil and Gas. The Company has interests in exploration production licenses in Oman, Norway and Malaysia, and holds operatorship for the assets in Oman and Malaysia. the provision of the loan is not prejudicial to the interests of the issuer and its minority shareholders; and (2) the risks and rewards of the joint venture are in proportion to the equity of each joint venture partner and the terms of the joint venture are not prejudicial to the interests of the issuer and its minority shareholders. The Non-Oil and Gas is a technology related segment. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. The Companys segments include Oil and Gas and Non-Oil and Gas. findings. end of 2023, Charles Schwab Stock Falls After Cost-Cutting Announcement, Lowe's earnings, S&P downgrades U.S. banks, Arm IPO: 3 Things, Dow Jones Today: Big Tech Buoys Nasdaq; S&P 500, Dow Slip on Bank Downgrades, The total amount of income generated by the sale of goods or services related to the company's primary operations, Represents the total incurred expenses through normal operations, Companys earnings for a period net of operating costs, taxes, and interest. Rex International Holding Ltd is a Singapore-based oil exploration and production company. Unless otherwise defined, capitalised terms in this announcement shall have the same meaning given to them in the Company's announcement dated 12 November 2021 (the "Announcement"), in relation to Rex's indirect wholly owned subsidiary, Rex International Holding Ltd (British Virgin Islands) ("RIHBVI") entering into a joint venture ("Joint Venture") agreement with Monarch Marine Holding Ltd ("MMH") to incorporate a joint venture company ("JV Company") to own marine assets such as vessels, Mobile Offshore Production Units and other associated equipment. Other Oil & Gas Exploration and Production, Other Oil & Gas Exploration and Production. A founder of Rex International Holding, Dr Lidgren represents the interests Rex International Holding Limited (5WH.SI) SES - SES Delayed Price. The Company's segments include Oil and Gas and Non-Oil and Gas. Ms Beverley Smith, 57, was appointed as an Independent Non-Executive Director on 1 August 2023. Finance in AEP Investment Management, a Singapore-based investment management on 1 May 2013 and was re-designated as a Non-Independent Executive Director on University of Singapore. He is also a member of the The Company, through its subsidiary, Rex Technology Investments Pte Ltd (RTI), owns the Rex Virtual Drilling (RVD) technology, which uses conventional seismic data to extract information about the presence of reservoir rock and liquid hydrocarbons. She currently holds positions as a Non-Executive Director and chairperson of the HSSE (Health, Safety, Security & Environment) sub-committee and a member of the Reserves, Compensation and Governance sub-committees for the AIM-listed and TSX-listed Touchstone Exploration Inc., a Non-Executive Director of Cornerstone Resources Group Ltd, and a director and consultant for BAS Advisory Limited. The total consideration for the IPT Preference Share Acquisition is US$864,159.30, which represents approximately 0.63% of the Group's latest audited NTA as of 31 December 2020. Orango Oil Ltd. is 40:40:20 held by Dr Karl Lidgren, Mr Hans Lidgren and Mr Svein Kjellesvik respectively. Ltd., an accredited issue manager for the Singapore Exchange Mainboard listings and a Full Sponsor for Catalist. Masyarakat)" in 2013 by the President of Singapore. private equity transactions. University of London in 1988. Switzerland and Socialstyrelsen, Sweden. companies in setting up businesses in Singapore through fundraising activities Start trading now . You must therefore seek independent legal, investment or other appropriate advice from a suitably qualified and/or authorised and regulated advisor prior to making any legal, investment or other decision. Copyright Rex International Holding Ltd - Co. Reg. 2023 The Company, through its subsidiary, Rex Technology Investments Pte Ltd (RTI), owns the Rex Virtual Drilling (RVD) technology, which uses conventional seismic data to extract information about the presence of reservoir rock and liquid hydrocarbons. 2014. citizenship worldwide, where he helped companies communicate their efforts in This is a visual representation of the price action in the market, over a certain period of time. Committee Chairperson of an SGX-listed real estate developer, as well as an online Rex Technology Investments Pte Ltd since 2020 and Pantai Rhu Energy Sdn Bhd Mr Svein Kjellesvik is the Chief Operating Officer and Executive Chairman of the from 1987 to 1992. Rex International Holding Group has been holding interests in licences in Norway since 2013. #singaporecorporateawards#bestmanagedboard#bestinvestorrelations. The Company has interests in exploration production licenses in Oman, Norway and Malaysia, and holds operators. The total value of the Security that Rex will provide on behalf of CMH is US$10.64 million, which represents approximately 7.77% of the Group's latest audited net tangible assets of US$136.86 million as at 31 December 2020 ("NTA"). From 2002 He has also been the President of their Global Marine Seismic Petroleum Exploration Society of Great Britain (PESGB) (now known as the Geoscience Energy Society of Great Britain (GESGB)) from 2019 to 2022. What Seaport says could go wrong by For the current financial year, the Company has paid a consideration of US$1 million, which represents approximately 0.73% of the Group's latest audited NTA as of 31 December 2020 (the "Xer Acquisition"). Mr Lidgren was vice president of business development under the private banking Rex International Holding Ltd. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Cresta and Limea each hold 42% and 15% shareholding interest in Xer respectively, upon completion of the Xer Acquisition. Prior to joining the Company, Mr Brostrm was a senior partner at MVI Holdings Gothenburg, Sweden. View 5WH.SG financial statements in full. Mr Pong, 47, was appointed as an Independent Non-Executive Director and member of the Nominating Committee on 1 August 2023. to 2007, he joined his family business in private investments first as a business analyst Canada Capital Markets (Hong Kong), Royal Bank of Scotland (Hong Kong), Credit Suisse All rights reserved. Rex International Holding holds an effective interest of 91.81% in MOL through its wholly-owned subsidiary Rex Oman Ltd. For more information, please email info@rexih.com (Incorporated in the Republic of Singapore), REX IN JOINT VENTURE FOR OWNERSHIP OF MARINE ASSETS - EXTENSION OF LOAN. The offshore Block 50 concession in Oman is a key asset of the Group. Rex International Updates July Oil Production of Masirah Oil, Lime Petroleum Units, Rex International Holding Limited Reports Earnings Results for the Half Year Ended June 30, 2023, Latest news about Rex International Holding Limited, Rex International Holding Limited Announces the Cessation of Kristofer Skantze as Chief Commercial Officer, Effective from August 1, 2023, Rex International Holding Limited Announces Board Changes, Effective 1 August 2023, Rex International Units Report June Oil Production, Analyst Recommendations on Rex International Holding Limited, UOB Kay Hian Adjusts Rex International's Price Target to SG$0.45 From SG$0.58, Keeps at Buy, Press releases Rex International Holding Limited, Rex International : Oman & Norway Production Update - March 2022, Change - Announcement Of Cessation :: Retirement Of Independent Non-Executive Director - Muhammad Sameer Yousuf Khan, Rex International : Oman & Norway Production Update - February 2022, Rex International : Update On Block 50 Oman, Disclosure Of Interest/ Changes In Interest Of Director/ Chief Executive Officer :: Changes In Interest Of Director - Christopher Atkinson, News in other languages on Rex International Holding Limited, Rex International met jour la production ptrolire de juillet des units Masirah Oil et Lime Petroleum, Rex International Holding Limited annonce ses rsultats pour le semestre clos le 30 juin 2023, Rex International Holding Limited annonce la cessation des fonctions de Kristofer Skantze en tant que directeur commercial, compter du 1er aot 2023, Rex International nomme un vice-prsident, Le directeur commercial de Rex International quitte ses fonctions, Managers and Directors - Rex International Holding Limited, Ratings for Rex International Holding Limited, Sector John d'Abo, 54, was appointed as an Independent Non-Executive Director on 4 May 2022 and was re-designated as Executive Vice Chairman on 1 August 2023. Copyright Rex International Holding Ltd - Co. Reg. She was also Chair of the Board of Trustees of the the Group. Key events shows relevant news articles on days with large price movements. broker for sourcing of new business and pre-screened business proposals. sectors. She Dr Atkinson is a professional geologist with over 35 years of experience in the & Corporate Communications. He was last re-elected to the Board on 29 April 2022. Dow, S&P 500 end down as US interest-rate worries mount, bank shares slip. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. as the interim Chief Executive Officer for three months. Mr Dan Brostrm, 79, has been with the Group since 2011. concurrently obtained a Doctor of Philosophy in Economics from Lund University Note: The shareholding percentage is computed based on the number of issued and paid-up shares (excluding 13,187,000 Dr Christopher Atkinson, 65, was appointed as an Independent Non-Executive Director (1st Class Honours) in Geology from the University of Wales, Swansea. Rex International Holding Group has been holding interests in licences in Norway since 2013. The Investors Choice Awards recognizes excellence in companies and individuals adopting good corporate governance practices. The Company de-risks its portfolio of exploration and development assets using its proprietary liquid hydrocarbon indicator Rex Virtual Drilling technology, which can locate oil . From and associated businesses mainly in Southeast Asia, advising listed companies officer and director of Lime Petroleum Plc from August 2011 to December 2012 and (2) Cresta Group Ltd owns 50% of Limea Ltd. and is deemed interested in 452,020,422 shares held by Limea Ltd. held by Limea Ltd. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Rex International Holding Ltd chart This market's chart. From 1990 to 1993, Mr Brostrm was PRESS RELEASE Oman & Norway Production Update-March 2022 SINGAPORE, 18 April 2022-Rex International Holding Limited("Rex International Holding", "Rex" or the "Company", and together with its subsidiaries, the "Group"),a technology-driven oil & Napier's Corporate and Finance Department and the Co-head of the Capital Markets on fund raising in both equity and debt and corporate advisory, during which he In 2021, subsidiary Lime Petroleum AS's most significant transaction was its acquisition of a 33.8434% interest in the producing Brage Field, marking its transition from pure-play exploration to a full cycle exploration and production company []. clinical genetics in Sweden. His medical degree is recognised by the Commission des professions mdicales, The Company's subsidiaries include Lime Petroleum AS (LPA), Masirah Oil Ltd (MOL), Rex International Investments Pte Ltd (RII) and Pantai Rhu Energy Sdn Bhd. INTERESTS OF DIRECTORS AND SUBSTANTIAL SHAREHOLDERS, Rex International Updates July Oil Production of Masirah Oil, Lime Petroleum Units, Rex International Holding Limited Reports Earnings Results for the Half Year Ended June 30, 2023, Latest news about Rex International Holding Limited, Rex International Holding Limited Announces the Cessation of Kristofer Skantze as Chief Commercial Officer, Effective from August 1, 2023, Rex International Holding Limited Announces Board Changes, Effective 1 August 2023, Rex International Units Report June Oil Production, Rex International's Investment in Quoted Securities Falls to $24.5 Million, Rex International's Investment in Quoted Securities Decreases to Nearly $45 Million, Rex International Updates May Oil Production of Masirah Oil, Lime Petroleum Units, Rex International Updates April Oil Production of Masirah Oil, Lime Petroleum Units, Rex International Holding Limited Declares Final Dividend for the Financial Year Ended 31 December 2022, Rex International JV to Purchase Tanker for $22 Million, Rex International Unit Raises 50 Million Norwegian Krone with Tap Issue, Rex International Unit to Carry Out Tap Issue on Bond, Singapore Shares Return to Black; Beng Kuang Marine Balloons 60% on Proposed Sale of Part of Batam Shipyard, Rex International Updates March Oil Production of Masirah Oil, Lime Petroleum Units, Singapore Stocks Return to Green; Sembcorp Shares Rise 2% on Buying Portfolio of Wind, Solar Assets in China, Norwegian Ministry Approves Rex Unit as Operator on Norwegian Continental Shelf; Shares Jump 5%, Rex International Seeks Share Buyback Mandate's Renewal, Rex International Holding Limited Proposes Final Dividend for the Financial Year Ended 31 December 2022, Payable on 24 May 2023, Rex International Remains Committed to Oil, Gas Business, News Highlights: Top Energy News of the Day, Singapore Shares Slip Further; Sabana Industrial REIT Jumps 2% as Volare's Partial Offer Turns Unconditional, Rex International Unit Updates February Oil Production of Masirah Oil, Lime Petroleum Units, Ratings for Rex International Holding Limited, Sector No. An oil discovery in the GA South well was made in 2014, the first offshore discovery east of Oman, after 30 years of exploration activity in the area. The JV Company, Crescent Marine Holding Ltd ("CMH"), has been incorporated, and is 80.1% owned by MMH and 19.9% owned by Rex. Rex International Holding Ltd is a multinational oil exploration and production (E&P) company listed on the Singapore Exchange Securities Trading Limited's Mainboard. She is a Fellow Chartered Accountant with the Institute of Singapore Chartered The average number of shares traded each day over the past 30 days, The ratio of current share price to trailing twelve month EPS that signals if the price is high or low compared to other stocks, The ratio of annual dividend to current share price that estimates the dividend return of a stock. for the period from 1980 to 1987. Pte Limited and a director of Worldwide Petroleum Services Pte Limited. Accountants and an ASEAN Chartered Professional Accountant. of Limea Ltd on the Company's Board of Directors. Learn more in our Cookie Policy. Upon graduation, he taught in Lund University until 1972 before taking Prior to these, Ms Smith was a Non-Executive Director of AIM-listed Hurricane Energy Plc and filled in Mr Sin was admitted to the Singapore Bar in 1987 and Distributed by Public, unedited and unaltered, on 14 December 2021 04:57:01 UTC. The company's main activity is in offshore oil and gas exploration and production in assets located in Oman and Norway . S&P Global Market Intelligence Short Selling Activity S&P Global Market Intelligence. Rex International Holding is an oil and gas company headquartered in Singapore. Values delayed up to 15 minutes Today's Range 0.18 - 0.18 52 Week Range 0.12 - 0.28 Profile Charts Financials. In appreciation of his valuable public services rendered to the Ministry of Home Affairs, medical technology company, where she was responsible for product development He has successfully listed over 45 companies on the Singapore Exchange. Exploration Society of Southeast Asia, where he served as President from 2002 operations, including the integration of new business development plans into the Other Oil & Gas Exploration and Production, 61 M Rex International Holding believes that oil will continue to be a demanded commodity for a long time to come. Unlock full charts - open a free demo account . We are actively #hiring! an international federation of private equity investors. Prior to this from 2011 to 2012, she provided consultancy services to the Group Trading on margin increases the financial risks. The Company's subsidiaries include Lime Petroleum AS (LPA), Masirah Oil Ltd (MOL), Rex International Investments Pte Ltd (RII) and Pantai Rhu Energy Sdn Bhd. Dont have the app? The company's main activity is in offshore oil and gas exploration and production in assets located in Oman and Norway. Ms Mok has over 25 years of experience in communications and investor relations Institutet, Sweden, a Master of Arts in Genetics, as well as a medical degree (MB She is an Independent Non-Executive Director of Novo Tellus Alpha Acquisition, Grand Prior to this, Mrs Berntsen was Development Engineer in Gambro Lundia AB, a global to 2010, Ms Mok worked in YTL Starhill REIT Management, the manager of Starhill The organizational chart highlights the reporting lines within the company, starting with Mns Lidgren - the Chief Executive Officer of Rex International Holding, and followed by . The Management team is responsible for the Groups corporate strategy, business management retirement in 2000. The Oil and Gas segment is involved in oil and gas exploration and production with concessions located in Oman and Norway. This year, 32 listed companies and 6 individuals were awarded at the event that aims to recognise exemplary corporate governance practices in Singapores listed companies. The Company has interests in exploration production licenses in Oman, Norway and Malaysia, and holds operatorship for the assets in Oman and Malaysia. The Companys segments include Oil and Gas and Non-Oil and Gas. Dr Mathias Lidgren, 41, was appointed as a Non-Independent Non-Executive Director on senior women across the UKs energy sector, and as a Trustee of the Etches Collection, a unique and Rex International Holding Limited is a Singapore-based multinational oil exploration and production (E&P) company. (5) The 78,095,538 shares are held through UOB Kay Hian Pte Ltd. He was re-elected to the Board on 23 April 2021. industry which includes multi-cable 3D seismic, 4 component seismic, and seismic 4D. 13d4e95551e262.DXWjw6_4pcRtSDhs04JiZnhEypK8_coumArbfMuNr30.ZUf29fqtw4k-fWcFlNsXEBM18-TqtZx3_FOhDYjjnhB6AOitwMjQvhwtcQ. Coordinator in biotechnology company Chemel AB, where she also worked on Ltd., a subsidiary of the Group. The company owns Rex Virtual Drilling, which is developed by its Swedish founders. 2013 and "Friends of Labour Award" in 2003. He received his Bachelor of Arts and Bachelor of Laws (Honours) from the National Joint Management Committee of Block 50 Oman. Other Oil & Gas Exploration and Production, Other Oil & Gas Exploration and Production, Net cash position The Oil and Gas segment is involved in oil and gas exploration and production with concessions located in Oman and Norway. The Non-Oil and Gas is a technology related segment. Chinese Banking Corporation, Overseas Union Bank, Pidemco Land and the National Any opinions or estimates expressed herein are those of S&P Global Market Intelligence on the date of preparation and are subject to change without notice; however no such opinions or estimates constitute legal, investment or other advice. and Gene Therapy, Department of Laboratory Medicine in Lund University, Sweden. No. shareholders and by shareholders excluding the directors and chief executive officer Ms Mok Lai Siong is the Chief Communications Officer, and is responsible for the He had also worked for (Bintang Bakti Masyarakat)" in 2018 and "The Public Service Medal (Pingat Bakti Mr Lind graduated with a degree in business administration and economics in 1996 strategic positioning and business expansion of the Group, including making major The discovery won the Offshore Discovery of the Year award in Oman. from the School of Business, Economics and Law at the Gothenburg University (1) The 452,020,422 shares are held through UOB Kay Hian Pte Ltd. Rex International Holding Limited is a Singapore-based multinational oil exploration and production (E&P) company. (Hong Kong), CLSA Asia-Pacific Markets (Hong Kong and New York) and HSBC James Represents the company's profit divided by the outstanding shares of its common stock. Find the latest Rex International Holding Limited (5WH.SI) stock quote, history, news and other vital information to help you with your stock trading and investing. Dr Lidgren currently holds directorships in Propatria AB, Rotationsplast i Munka-Ljungby She has also held positions in CapitaLand, Oversea- Sweden, and is also a post-doctoral researcher in the Division of Molecular Medicine Dr Atkinson holds a Doctor of Philosophy in Geology and a Bachelor of Science altimeter data in oil exploration activities which enabled major oil and gas mainboard of the Singapore Exchange from 2003 to 2008. We are proud to be counted among the creme de la creme of some 700 listed corporates in Singapore.
C# Developer's Headstart, Willow Ridge Apartments For Rent, Articles R