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DeClout
DeClout chairman receives 'disturbing' Whatsapp message ahead of Apr 30 AGM
SINGAPORE (Apr 28): Technology firm DeClout says its chairman and group CEO Vesmond Wong Kok Khun, on Tuesday received a “disturbing” Whatsapp message containing demands for Wong’s resignation and threats if he did not do so.
April 28, 2018
M&A
Founder of Fission Property Melvin Poh emerges as Declout's second-largest shareholder
SINGAPORE (Apr 23): Declout announced that Melvin Poh, the founder and managing director of local property group, Fission Group, has emerged as its second-largest shareholder.
April 23, 2018
M&A
DeClout portfolio company acquires Indonesian logistics firm for $1.1 mil and loan
SINGAPORE (Apr 18): Integrated e-trade solutions provider vCargo Cloud (VCC), a portfolio company of DeClout, is acquiring a 60%-stake in Indonesian integrated logistics player PT Gatotkaca Trans Systemindo (GTS) for US$0.85 million ($1.1 million).
April 18, 2018
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
DeClout's vCargo Cloud wins Cambodian government contract for trade facilitation platform
SINGAPORE (Mar 27): vCargo Cloud (VCC), a portfolio company of SGX-listed DeClout, has won a contract by Cambodia’s Ministry of Economy and Finance to integrate seven government bodies onto a unified online trade facilitation platform.
March 27, 2018
DeClout expects to return to profitability in FY18
SINGAPORE (Mar 5): DeClout expects to reduce its losses over the course of the year and return to profitability in FY18 given there should be no further losses from Corous360 after restructuring, the absence of major impairments and exceptional items and
March 05, 2018
In print this week
Corporates are outsourcing innovation to startups – is the approach paying off?
SINGAPORE (Nov 27): DeClout Investments, a self-styled builder of next-generation companies, has been experimenting with data analy tics with the help of two local start-ups. “We talk to them every three to four weeks. When there are business opportunit
November 27, 2017
DeClout teams up with Gobi Singapore to accelerate growth of Southeast Asian startups
SINGAPORE (Nov 20): A subsidiary of DeClout and Gobi Management Singapore have signed an agreement to collaborate to accelerate the growth of Southeast Asian startups in their portfolios.
November 20, 2017
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 and IMDA join forces to help SME freight forwarders and shippers boost productivity
SINGAPORE (Nov 1): DeClout, via vCargo Cloud, and the Infocomm Media Development Authority (IMDA) have tied up to help SME freight forwarders and shippers to lower costs and boost productivity by digitising and automating manual processes.
November 01, 2017