Rex suspension fuels speculation that its venture in Oman may have found some hydrocarbon


PETALING JAYA: Rex Holding International Ltd, that is listed on the Catalist Exchange in Singapore, was suspended yesterday – fuelling speculation on Hibiscus Petroleum Bhd’s oil and gas drilling exercise in Oman.

Rex, Hibiscus and Schroder & Co Banque SA jointly control Lime Petroleum Plc (Lime) that is currently undertaking a drilling programme in Oman.

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Business , hibiscus , oman , hydrocarbon

   

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