Rex International Holding Ltd. · SGX:5WH
Rex International — Shareholder Meeting (April 2022)
10 slides from Rex International's shareholder meeting presentation, Apr 29, 2022
Slide 1: Annual General Meeting
ANNUAL. GENERAL Masi REX INTERNATIONAL HOLDING Singapore, 29 April 2022
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation has not been independently verified. Rex International Holding Limited (the “Company”) and its representatives assume no responsibility or liability whatsoever (in negligence or otherwise) for, the accuracy or completeness of, or any errors o
Slide 3: Company Highlights: Very Strong FY2021 Financial Results
COMPANY HIGHLIGHTS VERY STRONG FY2021 FINANCIAL RESULTS 158.44 46.66 +240% M018 3.03 +3,533% 7894 (15.21) +619% 5.16/6.93 (1.09)/(1.50) +573%/+561% Improvement difference may occur due to rounding difference and exchange rate differences Exchange rate FY2021: USD1 = SGD1.3435; and FY2020: USD1 = SGD
Slide 4: Strong financial results
® Strong financial results » Transferred listing from Catalist to Mainboard of SGX-ST ® Oman: As of 31 December 2021, the Yumna Field had produced 5.772 MMstb of oil ® Norway: Acquisition of 33.8434 per cent: interest in producing Brage field » Malaysia: Award of operatorship and 95-per-; cent inter
Slide 5: Dividend Policy
DIVIDEND POLICY = First dividend of 0.5 Singapore cents per ordinary RATIONALE share proposed, payable on 10 October 2022 = Board will endeavour to maintain strategic and sensible * Going forward: Dividend policy aiming at target capital management and to create shareholders returns. level of 2 Sing
Slide 6: Oman: Focus on Optimising Production and New Drilling Campaign
OMAN FOCUS ON OPTIMISING PRODUCTION AND NEW DRILLING CAMPAIGN 2021 2022 = Number of oil liftings upped from seven in FY2020 to 12 in FY2021, and an improvement of the average realised oil price sold from US$34 per barrel in FY2020 to USS67 per barrel in FY2021, against consistent operating costs = F
Slide 7: Norway: Acquired interest in the producing Brage Field
= Acquired a 33.8434 per cent interest in the producing Brage Field = Successfully raised a 2.5-year senior secured bond of NOK 500 million (approximately US$60 million) = Grew its portfolio through awards from the APA round, a Ticence swap and farm-ins = Participated in one exploration drilling = B
Slide 8: Diversification: New Geography and New Business
DIVERSIFICATION NEW GEOGRAPHY AND NEW BUSINESS MALAYSIA: RHU-ARA & DIWANGSA CLUSTERS = 95 per cent interests and operatorship of the Rhu-Ara Cluster and the Diwangsa Cluster, located in offshore Peninsular Malaysia = A ground team has been set up with the aim to have a field development plan later i
Slide 9: Questions & Answers
QUESTIONS & ANSWERS
Slide 10: Contact
CONTACT INVESTORS AND MEDIA Ms. Mok Lai Siong Email: ir@rexih.com COMPANY ADDRESS Rex International Holding Ltd 1 George Street #14-01 Singapore 049145
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