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841-860 of 9827
As at 31 December 2025, the Group is in a capital deficiency position of US$94.4 million and in a net
current liability position of US$81.3 million, and recorded a loss for the year of US$152.7 million. The
capital deficiency and net current liability position of the Group is due to Lime Petroleum Holding AS
(&ldquo LPH&rdquo ), a subsidiary of the Group, which is in a capital deficiency position of US$152.8 million and in
a net current liability position of US$111.7 million, and LPH also recorded a loss for the year of
US$128.3 million (Note 8).
The Group has loans and borrowings of US$248,695,000 (Note 18) at the
end of the reporting period, which include secured bonds totalling US$248,318,000.
Coupled with the Compliance report of possible violations of SGX listing rules, CA, SFA..
If the Company announced interim funding, right issues..the share may be halted. Come end March 2026, the deferred bond payment is due.
current liability position of US$81.3 million, and recorded a loss for the year of US$152.7 million. The
capital deficiency and net current liability position of the Group is due to Lime Petroleum Holding AS
(&ldquo LPH&rdquo ), a subsidiary of the Group, which is in a capital deficiency position of US$152.8 million and in
a net current liability position of US$111.7 million, and LPH also recorded a loss for the year of
US$128.3 million (Note 8).
The Group has loans and borrowings of US$248,695,000 (Note 18) at the
end of the reporting period, which include secured bonds totalling US$248,318,000.
Coupled with the Compliance report of possible violations of SGX listing rules, CA, SFA..
If the Company announced interim funding, right issues..the share may be halted. Come end March 2026, the deferred bond payment is due.
Now 101 become support
TraderBen ( Date: 25-Mar-2026 11:21) Posted:
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Break 100 no eyes see can go down to 80?
10cents very strong support if break jialat
Same as MM2.. insist that business as usual after receiving auditor's report on going concerns.. 😢
Already warned don hold this over night
Day in day out
Day in day out
Yes. Just clear all your positions. be it long or short.. 🤨
s100125 ( Date: 25-Mar-2026 10:13) Posted:
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Right, the only worry is suspension
TraderBen ( Date: 25-Mar-2026 10:09) Posted:
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one batch of forced selling DOWN.. at 10.10am.. kena sold down..
better cut now and buy kim heng.. at least got chance to cover ur losses..
DYODD
DYODD
Same like KrisEnergy Ltd
Rex International independent auditors at Deloitte have cast significant doubt on the group ability to continue as a going concern, said the oil player on Tuesday (Mar 24).
https://www.businesstimes.com.sg/companies-markets/energy-commodities/shares-oil-player-rex-international-fall-20-auditors-going-concern-doubts
https://www.businesstimes.com.sg/companies-markets/energy-commodities/shares-oil-player-rex-international-fall-20-auditors-going-concern-doubts
now shorts also scared the counter suspended.. need to cover also.. so should be hanging around 105-115 until suspension kicks in
since when SGX watchdog got protect investors.. since CLOB .. then ASSSSS chips..
Stocky901 ( Date: 25-Mar-2026 09:58) Posted:
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SGX watchdog has failed to protect interests of investors.. how to allow a counter with negative NAV to maintain its listing status? 🤥 🤥
TraderBen ( Date: 25-Mar-2026 09:51) Posted:
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Rex has production issues and cost issues...all the forecast for production volume never materialise...
High oil price will not help. Trace back the history, you will know.. don't be the last one holding the baby. Enough warning already...
confirmed.. somemore on the main board.. if suspended means GG liao.. unlikely will recover.. better cut loss and run for those still holding..
Chansenghoe1971 ( Date: 25-Mar-2026 09:48) Posted:
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Technically insolvent
Under past SGX regime this would have been suspended
Under past SGX regime this would have been suspended
High oil price if sustain can be a lifeline for REX
que to short at 109 again