In July 2023, Japanese-managed IT firm Exeo Group officially opened its new global headquarters in Singapore, with the country’s strategic location, business-friendly practices, political stability and cultural diversity cited as the main reasons for choosing Singapore. The building, named “The Pulse”, will also house the company’s subsidiaries in the ICT infrastructure and technology sector, including companies such as Aeqon, Ascent Solutions and Telistar Solutions.
At present, Exeo Global has 2,500 employees, inclusive of its subsidiaries in industries such as mechanical and electrical engineering services, ICT infrastructure and supply chain technologies. One thousand of these employees are based in Singapore, including 350 that will be relocated to their new building, a number that will eventually be increased to 650. After establishing a strong connection in Singapore, Exeo Global has also announced its intentions to develop into neighboring Southeast Asian countries such as Indonesia, Malaysia, Thailand and the Philippines
(Source: Economic Development Board)