Vesmond Wong

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

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.

Procurri’s IPO 1.9 times subscribed

SINGAPORE (July 19): Data centre equipment and lifecycle services provider Procurri Corporation, a subsidiary of DeClout, announced that its offering of 68.88 million shares for its proposed listing on the SGX Mainboard has been 1.9 times subscribed. Each
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