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Melvin Poh now DeClout's 2nd largest shareholder

Mr Poh throws his support behind founder and executive chairman Vesmond Wong, as he believes the firm is poised for growth

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Published Mon, Apr 23, 2018 · 09:50 PM

Singapore

MELVIN POH has become the second largest shareholder of Catalist-listed DeClout by buying over the entire 11.8 per cent stake of pre-IPO investor Wong Poh Leng for S$9.2 million.

On April 17, Mr Poh acquired a total of 78.15 million shares in DeClout, a holding company for technology firms, from Ms Wong in an off-market transaction.

Corporate governance

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