Originally Posted by
Boe787
It seems a US private equity firm, Perea Capital, has acquired in December 2022, a 5.25% stake in REX.
Perea Capital Partners acquired the majority of the shares held by hitherto long term significant shareholders, Ming Yew See Toh and Hui Ing Tjoa, on 28 November last year in an only recently disclosed off-market transaction. Perea had made a couple of small on-market share purchases (less than 150,000 shares in total) earlier in the same month.
Perea paid $1.48 a share for that off-market parcel from Ming Yew See Toh and Hui Ing Tjoa. Rex traded between $1.29 - $1.40 through November.