DeClout's unit Procurri launches mainboard IPO
Singapore
PROCURRI Corporation, a subsidiary of Catalist-listed DeClout Ltd, has launched its initial public offering (IPO) for a Singapore Exchange mainboard listing.
A global independent provider of data centre equipment and lifecycle (hardware and software) services, Procurri is offering 68.88 million new shares at S$0.56 each. These new shares - comprising an international placement tranche of 62 million shares and a public offer of 6.88 million shares - represent 24.6 per cent of Procurri's post-invitation share capital.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
DBS customers unable to log into Digibank, PayLah! on Thursday
Moody's tops quarterly profit estimates on strong product demand
Hong Kong regulator brings insider trading charges against Segantii and its founder
Novartis to buy radiology specialist Mariana Oncology for US$1 billion
Moderna beats quarterly estimates as cost-cutting pares losses