Rex subsidiary Lime Petroleum launches strategic and financial review

Reuters03-03 22:51

Rex subsidiary Lime Petroleum launches strategic and financial review

Rex International Holding Limited said its subsidiary Lime Petroleum Holding AS has begun a strategic and financial review and is appointing a Chief Restructuring Officer, while discussions with its bondholders have started. Lime Petroleum’s directors also received a letter from bondholders warning of a potential bond default and urging that no corporate actions be taken without prior consultation, and the board is seeking legal advice on next steps.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rex International Holding Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: D2KV5323337ZO28H) on March 03, 2026, and is solely responsible for the information contained therein.

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