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.

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.

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).

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.

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.

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

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

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.

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.

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.
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