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04-Jun-2026 16:58

RH PetroGas / What happen to RH PetroGas

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150 series anytime tmr

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04-Jun-2026 16:57

Seatrium Ltd / Seatrium - Sea of Hopes & Atrium of Surprises (II)

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Not greedy but being realistic.

eugesun ( Date: 04-Jun-2026 16:53) Posted:

you greedy, I like, I also hope it will happen..but need a lot of shorts...

Chansenghoe1971 ( Date: 04-Jun-2026 14:58) Posted:

Patiently waiting at 1.8/1.9

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04-Jun-2026 14:58

Seatrium Ltd / Seatrium - Sea of Hopes & Atrium of Surprises (II)

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Patiently waiting at 1.8/1.9

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04-Jun-2026 14:57

RH PetroGas / What happen to RH PetroGas

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I am with you but the price trending down to pre war level. Good to collect now. They made a mistake to eradicate the 1/4 reporting. Shh kept in dark what is happening.

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04-Jun-2026 13:23

RH PetroGas / What happen to RH PetroGas

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On the way to 15 series. Pre-war level.

piscesmonkey ( Date: 04-Jun-2026 10:14) Posted:

Sold at 171. Oil up this down. Oil down going more down? Knly 1way down?

piscesmonkey ( Date: 03-Jun-2026 17:55) Posted:

Bought 100lots at 171 see will in play this week

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04-Jun-2026 12:55

Chasen / Chasen holdings could be the next big multiplier

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Price is tougher than bull. Likely hit 20 soon.

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02-Jun-2026 18:23

Chasen / Chasen holdings could be the next big multiplier

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Something really brewing.
20 likely tmr

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01-Jun-2026 21:59

RH PetroGas / What happen to RH PetroGas

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Tehran will completely block the Strait of Hormuz and open other fronts including the Bab el-Mandeb Strait, Tasnim reported. The Bab el-Mandeb Strait is another crucial trade chokepoint that connects the Red Sea to the Gulf of Aden

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15-May-2026 14:16

RH PetroGas / What happen to RH PetroGas

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Maybe mgt happy hours in ktv or happy ending.
but collection at 185 should boom boom happy ending shooting soon

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13-May-2026 16:31

Chasen / Chasen holdings could be the next big multiplier

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Advice for Shortists:

' ' STAY OUT!

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13-May-2026 16:24

Chasen / Chasen holdings could be the next big multiplier

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30 cents

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11-May-2026 16:36

Rex Intl / The next chapter

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Beware
deconsol means they will not recognize Lime assets.
so sales will be about usd50m only
' a big re-set for Rex

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11-May-2026 14:06

Chasen / Chasen holdings could be the next big multiplier

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Big mop up
seems like no more sell queue soon.
brewing something?
must be takeover or robust profit.
past contract announcement not moving at all.
so likely takeover type of news.

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08-May-2026 19:16

Rex Intl / The next chapter

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Rex International Announces Deconsolidation of Lime Petroleum Holding Group Financials Amid Board Restructuring

Key Highlights

Board Control Change: Rex International Holding Limited (&ldquo Rex&rdquo ) has announced a significant change in the board composition of Lime Petroleum Holding AS (&ldquo LPH&rdquo ) and Lime Petroleum AS (&ldquo LPA&rdquo ). The majority of directors on the new boards are now independent third parties, and Rex no longer holds any director representation on the boards of LPH and LPA.
Ownership Unchanged: Despite the board changes, Rex&rsquo s effective ownership of LPH remains unchanged at 89.74%. This means Rex still indirectly owns the vast majority of LPH shares.
Deconsolidation Decision: Due to the loss of board control, Rex will deconsolidate the financial statements of the LPH Group from its own group financials, in accordance with Singapore Financial Reporting Standards (International) SFRS(I) 10. This decision was made following the recommendation of Rex&rsquo s Audit Committee and is effective from 10 April 2026.
Financial Impact: The deconsolidation will be reflected in Rex&rsquo s half-yearly results for the six months ending 30 June 2026. Pro forma financial effects have been illustrated based on the audited figures for the year ended 31 December 2025 (FY2025).

Detailed Financial Implications

The deconsolidation of the LPH Group from Rex&rsquo s financials has notable impacts:

Loss for the Year: Rex&rsquo s consolidated loss for FY2025 decreases dramatically from US\$152.7 million to US\$22.96 million.
Loss Per Share: Loss per share narrows from 10.23 US cents to 0.27 US cents.
Net Asset Value (NAV): NAV shifts from negative US\$94.43 million to positive US\$38.18 million.
NAV Per Share: NAV per share improves from negative 7.25 US cents to positive 2.93 US cents.

These figures are for illustration only, based on the assumptions that the reclassification was effective from 1 January 2025 for profit and loss effects, and from 31 December 2025 for NAV effects. Actual impacts may differ once formally reported.

Investor and Shareholder Considerations

Price Sensitivity: The deconsolidation results in substantially improved financial metrics for Rex, including lower loss and positive NAV, which could be viewed favorably by investors and potentially impact share price.
Governance and Control: The loss of board representation in LPH and LPA means Rex no longer exercises control over LPH Group, which marks a significant shift in the company&rsquo s relationship with its major asset. This may raise questions about future strategy and influence over LPH operations.
No Change in Ownership: Rex&rsquo s indirect stake remains substantial however, the loss of control means Rex will account for LPH as an investment rather than a subsidiary, affecting future financial disclosures and possibly the perception of Rex&rsquo s asset base.
Reporting Changes: Investors should expect different accounting treatment for LPH going forward, which may affect Rex&rsquo s reported earnings and balance sheet strength.

Timeline and Next Steps

The deconsolidation is effective from 10 April 2026 and will be formally reflected in the half-yearly results for the period ending 30 June 2026. Shareholders are advised to monitor future announcements and financial reports for further details on the impact and management commentary.

Conclusion

This restructuring and deconsolidation are significant, both in terms of governance and financial reporting. The improved headline financials could be a catalyst for share price movement, though the loss of control over LPH introduces new considerations for long-term investors.

Chansenghoe1971 ( Date: 08-May-2026 19:02) Posted:

Seems good. Now positive nav and losses significantly lower,
' a master stroke of financial re engineering.

JurongW ( Date: 08-May-2026 18:52) Posted:

UPDATE ON LIME PETROLEUM HOLDING &ndash CHANGE IN BOARD CONTROL AND DECONSOLIDATION OF LPH GROUP FINANCIALS

https://links.sgx.com/1.0.0/corporate-announcements/0Y3XO3HFIQPG31YF/888138_20260508_RIH_Announcement_UpdateLPHDeconso_Final.pdf

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08-May-2026 19:02

Rex Intl / The next chapter

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Seems good. Now positive nav and losses significantly lower,
' a master stroke of financial re engineering.

JurongW ( Date: 08-May-2026 18:52) Posted:

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08-May-2026 16:15

Chasen / Chasen holdings could be the next big multiplier

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How about 30 cents?

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08-May-2026 10:56

Chasen / Chasen holdings could be the next big multiplier

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This is the only penny worth investing.
As said, if this is listed in HK, it will be 30 cents already.
more upside. My target of 10 cents is hit.

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27-Apr-2026 22:17

Rex Intl / The next chapter

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Seems good news. Settling the debts no issue except whether Rex holdings loses all stake in LMe.

piscesmonkey ( Date: 27-Apr-2026 17:33) Posted:

The board of directors (the ?Board?) of Rex International Holding Limited (the ?Company? or ?Rex? and together with its subsidiaries, the ?Group?) wishes to inform that Rex?s indirect subsidiary Lime Petroleum Holding AS (?LPH?) has on 27 April 2026, announced its confirmation that the first settlement of the NOK 500 million New Money Liquidity Bonds issued by its subsidiary Lime Petroleum AS (?LPA?) was concluded on Friday, 24 April 2026. On the same day, all overdue cash calls related to Bestla and Yme in Norway were paid.

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24-Apr-2026 14:35

ChinaKundaTech / DIVERSIFY INTO MEDICAL DEVICES...SHALL WATCH THIS

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Seems brewing something

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21-Apr-2026 17:48

OUEREIT / OUE Comm-REIT is taking off, Hurry !

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0.40 not difficult this time round though gradually.

https://links.sgx.com/1.0.0/corporate-announcements/B1WHIVS9207AEFT4/a04d49752b1bed504d3a513095f83d7bdba91d5e6fb8b8cb03c589a3dabce081

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