You are here

Procurri, DeClout flag 'no certainty' over general offer from unidentified third party

PROCURRI Corp on Monday said the unidentified third party that in September indicated interest to launch a voluntary general offer for the company is conducting "due diligence" on the mainboard-listed enterprise hardware supplier. 

With that, "no definitive agreements" have been signed, it said. 

Procurri is 47 per cent owned by Catalist-listed DeClout, which likewise flagged on Monday that there is "no certainty that any transaction will be consummated arising from these indications of interest".

Shares of Procurri last traded at S$0.30, while that of DeClout last traded at S$0.081.

sentifi.com

Market voices on: