Rex International Holding Limited ("Rex" or the "Company) is offering 142.5m new shares at $0.50 each for a Catalist listing. 140m shares is for an international placement (outside USA) and 2.5m shares is for a public offering. There will be an over-allotment option of 28m shares if exercised. The IPO will close on 29 July 12pm. The market cap prior to the over-allotment option is S$488.34m and that will make it one of the top 5 Catalist companies in terms of market cap.
The link to the prospectus is here.
...The link to the prospectus is here.
Principal Business
Rex is independent oil and gas exploration and production ("E&P") company. It is somewhat similar to KrisEnergy (if that is what you want to ask) except that it claimed to have access to a proprietary and innovative exploration technologies called "Rex Technologies" which helped to mitigate exploration risks and reduces costs of exploration.
Rex ...
