procurri

Procurri Corp moves towards delisting by appointing IFA for privatisation offer

File photo of DeClout's chairman and chief executive Vesmond Wong (right), with Sean Murphy, who founded Procurri. DeClout said it intends to take the necessary steps to restore the free float of Procurri.

DeClout secures 46.95% acceptances in Procurri offer, ups stake to 97.34% at close

The board says the placement pricing has taken into account current market conditions, historical trading volumes of Procurri’s shares and the company’s goals to restore public float.

Procurri’s board says placement price of S$0.30 per share is in ‘best interests of company’

Procurri announced changes to its board of directors, including the cessation of its non-independent non-executive director Loke Wai San (right) and the resignation of Thomas Sean Murphy (left) from his role as executive chairman.

Procurri makes board changes, announces cessation of director Loke Wai San

Prior to the mandatory cash offer announcement date on May 20, DeClout and its concert parties had collectively owned Procurri shares representing a 30.8 per cent equity stake in the company.

DeClout’s offer for Procurri secures 42.1% acceptances, bringing stake to 92.53%

Technology incubator DeClout has made a mandatory cash offer for IT solutions provider Procurri Corporation, after it purchased 3.9 million shares in the company through a married deal and triggered a need for a compliance offer.

DeClout makes mandatory cash offer for Procurri after married deal raised its stakes past 30%

Procurri provides data centre maintenance, OEM recertified hardware and IT lifecycle services.

Procurri reviewing non-binding indications of interest for its assets

Proccuri finance chief Choo Joo Kwang resigns

Proccuri finance chief Choo Joo Kwang resigns

Procurri files suit against Congruity360 and its execs for contract breaches

Procurri files suit against Congruity360 and its execs for contract breaches

Brokers' take: KGI says Procurri will catch recycling wave as '21st century karang guni'

Brokers' take: KGI says Procurri will catch recycling wave as '21st century karang guni'