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Acclivis
Construction
ISOTeam exploring use of drones to do building paint jobs
ISOTeam hopes to achieve better efficiency by using drones to paint
November 09, 2021
DeClout in $10 mil loan agreement secured by 46.8% stake in Procurri
SINGAPORE (Apr 12): Mainboard technology company DeClout has entered into a $10 million loan agreement with six investors.
April 12, 2018
Results
DeClout's 3Q net loss narrows by $0.5 mil
SINGAPORE (Nov 13): DeClout, the global builder of next-gen ICT companies, saw 3Q net loss narrow to $3.0 million from a net loss of $3.5 million last year.
November 13, 2017
DeClout faces lawsuit over dealing in shares of former subsidiary Acclivis
SINGAPORE (July 12): Technology firm DeClout says HRA Corporation, a company that trades and supplies energy products, has filed a writ of summons and statement of claim against the company, Chairman and Group CEO Wong Kok Khun and Acclivis CEO Marcus Che
July 12, 2017
Results
Declout reports 3Q losses of $3.3 mil on Procurri IPO costs
SINGAPORE (Nov 10): Declout reported a $3.3 million loss for 3Q16 driven mainly by Procurri’s listing expenses of $2.2 million. Excluding the one-time Procurri expenses, 3Q16 losses would be at $1.1 million due to operating losses from subsidiaries.
November 10, 2016
Broker's Calls
Declout’s no flash in the pan; plans for growth after spinoffs
SINGAPORE (Nov 1): NRA Capital is maintaining its “overweight” call on Declout with a fair value of 34 cents after management outlined plans to grow its remaining businesses organically and inorganically to offset the revenue gap left by Acclivis with
November 01, 2016
Broker's Calls
After Procurri and Acclivis, there is still Beacon, Corous 360 and vCargo Cloud for this company
SINGAPORE (Oct 17): DeClout has proven its expertise in growing and spinning off tech companies since its 2012 Catalist listing, according to a unrated report by Maybank Kim Eng.
October 17, 2016
DeClout sells IT services unit Acclivis to CITIC Telecom, books $28 mil gain
SINGAPORE (Oct 12): DeClout, which has been rapidly growing by acquisitions over the past four years, is marking yet another reversal in its strategy: selling.
October 12, 2016
Results
Declout’s 2Q earnings up 84% to $5 mil
SINGAPORE (Aug 11): Declout posted earnings of $5 million for 2Q16, up 83.7% from earnings of $2.7 million in 2Q15.
August 11, 2016