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DeClout
SGX Research Series: 10 in 10
Procurri rides growth in sustainable IT consumption
Procurri plans to tap the network of its major shareholder, DeClout, to expand its market share in Asia
April 05, 2023
Company in the news
Novo Tellus' partial offer for Procurri falls through
Procurri shareholders who have accepted the offer will have their shares returned
May 03, 2021
DeClout raises Procurri stake following partial offer by Novo Tellus
DeClout raises stake in Procurri to reject partial offer from Novo Tellus; new Low Keng Huat director makes open market purchases.
April 23, 2021
Offer
Novo Tellus says offer price for Procurri partial offer is final
Novo Tellus says that the offer price of 36.5 cents per share is final, except in the case of a “competitive situation”.
April 21, 2021
M&A
Procurri up 6.5% after saying it received second unsolicited expression of interest to acquire company
SINGAPORE (Feb 7): Shares in Procurri Corporation, the Mainboard-listed enterprise hardware supplier, are up 2 cents or 6.2%.
February 07, 2019
M&A
Procurri says interested third party still mulling general offer for company
SINGAPORE (Jan 7): Procurri Corp said the interested third party who made an offer on Sept 7, 2018, to acquire the company through a possible voluntary general offer is still mulling the deal.
January 07, 2019
M&A
Procurri says due diligence by interested party ongoing
SINGAPORE (Oct 8): Procurri Corporation, a 46.83% held portfolio company of DeClout, announced that due diligence by the interested third party is still ongoing.
October 08, 2018
Smart cities
DeClout Ventures invests $0.5 mil in video analytics specialist
SINGAPORE (Sept 28): has invested in its very first video analytics company.
September 28, 2018
Tech
DeClout's vCargoCloud to integrate platform services with RSTrade for Singapore-Russia trade opportunities
SINGAPORE (Sept 20): DeClout’s 50.01%-owned subsidiary vCargo Cloud (VCC) has signed a co-operation agreement with Russia-based LLC RSTradehouse (RSTrade) to expand trade opportunities between companies in Russia and Singapore, including through the int
September 20, 2018
DeClout’s vCargo Cloud to help launch blockchain-based electronic certificates of origin in Kenya
SINGAPORE (June 13): DeClout’s 50.01% subsidiary vCargo Cloud (VCC) is helping to to launch blockchain-based electronic certificates of origin (eCO) in Kenya.
June 13, 2018