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Rex International says purchase price allocation caused discrepancy

The Edge Singapore
The Edge Singapore  • 1 min read
Rex International says purchase price allocation caused discrepancy
Rex International announced that there were discrepancies between its audited and unaudited financial statements
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Rex International Holding announced on March 24 that there were some discrepancies between is unaudited condensed interim financial statement and audited financial statement for the 12 months to Dec 31, 2022.

The material variances between the Group’s audited financial statements and the unaudited financial statements were due to the completion of the purchase price allocation for the acquisition of the Yme Field in Norway.

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