More action to come as IR strategy is internationalised???
SINGAPORE, 13 February 2014 – Rex International Holding Limited (“Rex International Holding” or
the “Company”, and together with its subsidiaries, the “Group”), one of the largest companies listed
on the Catalist of the Singapore Exchange Securities Trading Limited, is pleased to announce the
appointment of London-based SP Angel Corporate Finance LLP (“SP Angel”) as an international broker
and equity capital markets advisor to assist the Company in achieving its international investor
relations objectives.
Mr Måns Lidgren, CEO of Rex International Holding, said, “London’s Alternative Investment Market
(“AIM”) is the bourse of choice for many exploration and production (“E&P”) companies. Rex
International Holding has chosen to list in Singapore, but our portfolio of concessions is truly
international and our shareholders hail from around the world. SP Angel has a deep understanding of
E&P companies on AIM and is well positioned to share with investors in Singapore and the region,
best practices relating to how E&P companies are valued in a more matured market. We look forward
to working with SP Angel to also increase our profile with UK and international oil and gas investors.”
The Group plans to drill four to six offshore wells and up to 10 onshore wells over 2014.
Having grown its portfolio to 23 licences seven months after listing, the Group has
outstripped its initial target to increase its number of licences from 10 to 20 within a 12-
month period. The Group aims to set a new target to increase its portfolio to 30 licences by
the end of 2014. Our joint venture company, Rexonic, will continue to build up its technical
team and work towards securing contracts, starting with Central and South America.
