Procurri

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. 

SINGAPORE (Nov 8): Procurri has announced its first post-IPO acquisition of UK-based EAF Supply Chain for $2.6 million by its UK subsidiary, Procurri UK.

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

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.

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.

SINGAPORE (July 20): Shares of Procurri, the provider of data centre equipment, opened at 54 cents on its first day of trading on the Mainboard, 3.6% below its IPO price of 56 cents.

SINGAPORE (June 29): Catalist-listed DeClout announced on Tuesday its subsidiary, Procurri Corporation, has lodged its preliminary prospectus with the Monetary Authority of Singapore, in connection with its proposed listing on the Mainboard of the Singapo