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Novo Tellus files prospectus to raise $111m from SPAC listing on Singapore Exchange

The SPAC has already secured S$80m from 13 investors who will subscribe for 16 million cornerstone shares at an offering price of S$5 apiece. ....

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SG's Novo Tellus says offer price for additional Procurri shares final

SG’s Novo Tellus says offer price for additional Procurri shares final
Singapore. Photo by Andrew Kow on Unsplash
April 22, 2021
Singapore-headquartered private equity firm Novo Tellus on Wednesday announced that the offer price for its voluntary conditional offer for shares in data centre equipment provider Procurri Corporation is final.
In a press statement, NTCP SPV III, an investment vehicle of Novo Tellus, said its offer to acquire 27.91% of all the ordinary shares in Procurri at S$0.365 per share is final, except in the case of a competitive situation.
At S$0.365 per share, the offer price is at a premium to historical trading prices and will be made in cash, according to an earlier statement. ....

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Novo Tellus unit makes partial offer to buy additional 28% in Singapore IT firm Procurri

Novo Tellus unit makes partial offer to buy additional 28% in Singapore IT firm Procurri
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