Company Rexit

Equities

REXIT

MYQ0106OO003

IT Services & Consulting

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.13 MYR +2.73% Intraday chart for Rexit +4.63% +30.64%

Business Summary

Rexit Berhad is an investment holding company. The Company is primarily involved in providing information technology (IT) solutions and related services, which includes software-based activities and hardware sales. It offers Web-based insurance solutions, which cater for the front-end marketing and sales functions, as well as the back-end operations and management requirements of insurance companies. It provides a range of products, including e-Cove, which is an online insurance transaction system that enables a business to deliver products and services electronically and within a short time-to-market; e-PPA, which is an online system used by all unit trust companies in Malaysia to submit investment and redemption applications to the employee provident fund (EPF), and InfoGuardian, which is an integrated workflow, case management and document management system. Its geographical segments include Malaysia, Hong Kong, China and Other countries.

Number of employees: 93

Sales per Business

MYR in Million2022Weight2023Weight Delta
Software Based Activities
101.5 %
26 97.9 % 28 101.5 % +8.02%
Intercompany Revenue
-3.5 %
-1 -2.9 % -1 -3.5 % +25.05%
Distribution Income from Investment in Money Market Fund
0.9 %
0 1.5 % 0 0.9 % -36.02%
Interest
0.9 %
0 0.0 % 0 0.9 % +15,250.09%
Income from Other Investments
0.2 %
1 3.6 % 0 0.2 % -93.74%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
82.1 %
22 84.2 % 22 82.1 % +1.60%
Hong Kong, China
16.1 %
4 14.1 % 4 16.1 % +19.24%
Other Countries
1.8 %
0 1.8 % 0 1.8 % +6.29%

Managers

Managers TitleAgeSince
Director of Finance/CFO 61 04-09-14
Corporate Officer/Principal 55 99-02-01
Corporate Secretary - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman 77 05-09-01
Director/Board Member 66 22-01-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 189,333,333 38,620,505 ( 20.40 %) 16,117,500 ( 8.513 %) 20.40 %

Shareholders

NameEquities%Valuation
Samarang LLP
3.386 %
6,411,600 3.386 % 2 M RM
RHB Asset Management Sdn. Bhd.
0.1546 %
292,800 0.1546 % 76 093 RM
Principal Asset Management Bhd.
0.0376 %
71,103 0.0376 % 18 478 RM
AHAM Asset Management Bhd.
0.000088 %
167 0.000088 % 43 RM

Company contact information

Rexit Bhd.

42, Jalan BM 1/2 Taman Bukit Mayang Emas

47301, Petaling Jaya

+

http://www.rexit.com
address Rexit(REXIT)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
1.13 MYR
Average target price
0.955 MYR
Spread / Average Target
-15.49%
Consensus

Annual profits - Rate of surprise