Court Sets Hearing Date for Procurri Scheme Meeting Application; Shares Up 3%
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The High Court of Singapore has fixed the hearing date for the application of a scheme meeting for the acquisition of Procurri for July 23, according to a Wednesday filing with the Singapore Exchange. Procurri shares were up over 3% in recent trading. The scheme requires to be approved by shareholders at a scheme meeting. This comes after Exeo Global Asset made an offer to acquire the company's remaining shares at SG$0.32 apiece.
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