SINGAPORE (Feb 8): Procurri Corporation says the second potential offeror to express interest in acquiring the company after New State Capital Partners LLC has now decided to terminate further discussions on the matter.

The update comes less than 24 hours after Procurri had received its second, unsolicited non-binding expression of interest (EoI) from an unnamed third party to acquire the company through a possible voluntary general offer.

In response to the initial news, shares in the provider of data centre equipment and IT products controlled by DeClout were up by as much as 6.5% at 33 cents before the midday trading break on Thursday, closing 1.5 cents higher at 33.5 cents.

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