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Stocks to watch: Rex International, SK Jewellery, Sinjia Land

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THE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.

Rex International:

Oilfield services firm Rex International Holding on Monday said it has about US$70.8 million comprising cash, cash equivalents and quoted investments as at June 30, 2019, and plans to monetise its Oman asset by the end of the year. The Catalist-listed firm recorded a net profit of US$23.6 million for its latest quarter ended June 30, but is buying back shares after its executive chairman said the market is not pricing in the value of its assets. Rex shares last traded at 6.

 

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