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41-60 of 9825
Both LPA and the Group are no longer in default under the respective license agreements for these Norwegian assets.
At the end of the day, the bondholders just want their money back and not run the company. I think everything will be settled eventually with rex retaining Lime. High Brent prices certainly a great help
LoudShout ( Date: 28-Apr-2026 09:12) Posted:
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Dont be surprise if it goes to 20c ..heh
Buy H2G green better
" The Company remains in consultation with its legal advisors regarding the Group&rsquo s interests in LPH and
will update the market accordingly in accordance with the applicable rules of the SGX-ST in the event of
any further material updates. The Company will make the appropriate announcements in due course as
and when there are material developments regarding the New Money Liquidity Bonds."
Further dilution of Co' s interests in LPH to the New Liquidity Bond to pay all its cash calls.
will update the market accordingly in accordance with the applicable rules of the SGX-ST in the event of
any further material updates. The Company will make the appropriate announcements in due course as
and when there are material developments regarding the New Money Liquidity Bonds."
Further dilution of Co' s interests in LPH to the New Liquidity Bond to pay all its cash calls.
Lol. U r extremely wrong then!!
LoudShout ( Date: 27-Apr-2026 15:52) Posted:
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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:
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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.
Wah good news
Co is unable to pay its bondholders yet declared $600k for directors remuneration. Supposed to look after the co governance yet had to engage indepndent reviewers for Compliance Report.
Compliance Report highligt possible breaches of various regulations.
Compliance Report highligt possible breaches of various regulations.
Oil up Rex bo up.
oil down Rex let' s short it on Monday?
oil down Rex let' s short it on Monday?
It might happen unexpectedly ...when many give up
piscesmonkey ( Date: 24-Apr-2026 11:13) Posted:
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https://gulfnews.com/world/mena/usiran-war-clock-may-1-deadline-puts-trump-under-pressure-1.500516668
I cut at 93 damn lousy oil go up so high this going down same as RH. Oil counter dont link to oil movment liao
makdatok ( Date: 24-Apr-2026 10:24) Posted:
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Added at 92...Just waiting for the good time
No leh
makdatok ( Date: 24-Apr-2026 09:15) Posted:
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Standby for e sudden rally
AGM today
Oil 107
will Rex chiong, everybody guess....
pool100 ( Date: 24-Apr-2026 05:05) Posted:
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Brent oil prices jumped more than 3% on Thursday, as tensions run high in the Strait of Hormuz with the U.S. and Iran enforcing blockades.
Brent oil futures rose about 3% to close at $105.07 per barrel. West Texas Intermediate futures advanced around 3% to close at $95.85.
Iran is continuing to demand that ships receive its permission to cross the strait, while President Donald Trump on Thursday claimed that the U.S. has ?total control? over the sea lane. Trump said ships need to receive permission from the U.S. Navy to transit the strait.
The U.S. has been enforcing a blockade of Iran?s ports since April 13.
Oil tanker traffic through the strait remains very low as the U.S. and Iran have both seized ships during a fragile ceasefire. Iran detained two cargo ships in the strait on Wednesday, while the U.S. has intercepted several Iranian oil tankers.
Brent oil futures rose about 3% to close at $105.07 per barrel. West Texas Intermediate futures advanced around 3% to close at $95.85.
Iran is continuing to demand that ships receive its permission to cross the strait, while President Donald Trump on Thursday claimed that the U.S. has ?total control? over the sea lane. Trump said ships need to receive permission from the U.S. Navy to transit the strait.
The U.S. has been enforcing a blockade of Iran?s ports since April 13.
Oil tanker traffic through the strait remains very low as the U.S. and Iran have both seized ships during a fragile ceasefire. Iran detained two cargo ships in the strait on Wednesday, while the U.S. has intercepted several Iranian oil tankers.