M+ Online
26th May 2023

Stock Digest - Rexit Bhd - Eyeing New Clients Onboarding - Errata

We remain optimistic about REXIT’s current negotiations with prospective new clients. Once a successful agreement is reached, the client is anticipated to come on board during 4Q23, initially contributing through motor e-Cover service, and subsequently expanding into non-motor transactions in 1Q24. We like the introduction of the new revenue stream from the client through subscription-based services, which will generate a steady and recurring income.

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