Procurri Corporation

The premises at 8 Aljunied Avenue 3, The Pulse owned by Exeo Global occupy a total area of 19,000 sqft.

The group will be required to repay the second draw PPP loan over a period of five years and at an interest rate of 1% p.a.

The offer totals 10 million units priced at $5 each.

KGI Research has proposed a target price of 38 cents on the counter.

Novo Tellus says that the offer price of 36.5 cents per share is final, except in the case of a “competitive situation”.

The offer price represents 32.7% premium to the closing price of 27.5 cents on Mar 10.

SINGAPORE (Nov 5): Procurri Corporation, which trades used IT equipment, has received an unsolicited, nonbinding Letter of Intent from a third party to acquire some of the assets of its business.

SINGAPORE (May 2): Procurri Corporation reported a 75% rise in 1Q19 earnings to $1.75 million from $1 million previously, due to higher revenue and gross profit margin.  

SINGAPORE (Feb 26): Procurri Corporation, the global data centre services company, reported earnings of $5.3 million in FY18, reversing from a loss of $2.7 million in FY17.

SINGAPORE (Feb 8): Procurri Corporation says the second potential offeror to express interest in acquiring the company after New State Capital Partners LLC has now decided to terminate further discussions on the matter.