As at Dec 29, the total value of all interested person transactions between Procurri Corporation and Exeo Group in the FY2023 ending Dec 31, including the latest tenancy agreement, stands at some $1.8 million. This represents 4.3% of the company’s latest audited consolidated net tangible assets (NTA) as at Dec 31, 2022.
Procurri Singapore, a wholly-owned subsidiary of Procurri Corporation (SGX:BVQ
) , has entered into a tenancy agreement with Exeo Global to lease its premises for a period of 30 months from Jan 1, 2024.
Under the agreement, Procurri Singapore will pay Exeo Global a total rent of not more than $1.4 million for the term that expires on June 30, 2026. The premises at 8 Aljunied Avenue 3, The Pulse occupy a total area of 19,000 sqft.
