ISOTeam exploring use of drones to do building paint jobs - THE EDGE SINGAPORE


ISOTeam exploring use of drones to do building paint jobs

ISOTeam hopes to achieve better efficiency by using drones to paint

DeClout in $10 mil loan agreement secured by 46.8% stake in Procurri

SINGAPORE (Apr 12): Mainboard technology company DeClout has entered into a $10 million loan agreement with six investors.


DeClout's 3Q net loss narrows by $0.5 mil

SINGAPORE (Nov 13): DeClout, the global builder of next-gen ICT companies, saw 3Q net loss narrow to $3.0 million from a net loss of $3.5 million last year.

DeClout faces lawsuit over dealing in shares of former subsidiary Acclivis

SINGAPORE (July 12): Technology firm DeClout says HRA Corporation, a company that trades and supplies energy products, has filed a writ of summons and statement of claim against the company, Chairman and Group CEO Wong Kok Khun and Acclivis CEO Marcus Che


Declout reports 3Q losses of $3.3 mil on Procurri IPO costs

SINGAPORE (Nov 10): Declout reported a $3.3 million loss for 3Q16 driven mainly by Procurri’s listing expenses of $2.2 million. Excluding the one-time Procurri expenses, 3Q16 losses would be at $1.1 million due to operating losses from subsidiaries. 

Broker's Calls

Declout’s no flash in the pan; plans for growth after spinoffs

SINGAPORE (Nov 1): NRA Capital is maintaining its “overweight” call on Declout with a fair value of 34 cents after management outlined plans to grow its remaining businesses organically and inorganically to offset the revenue gap left by Acclivis with

Broker's Calls

After Procurri and Acclivis, there is still Beacon, Corous 360 and vCargo Cloud for this company

SINGAPORE (Oct 17): DeClout has proven its expertise in growing and spinning off tech companies since its 2012 Catalist listing, according to a unrated report by Maybank Kim Eng.

DeClout sells IT services unit Acclivis to CITIC Telecom, books $28 mil gain

SINGAPORE (Oct 12): DeClout, which has been rapidly growing by acquisitions over the past four years, is marking yet another reversal in its strategy: selling.


Declout’s 2Q earnings up 84% to $5 mil

SINGAPORE (Aug 11): Declout posted earnings of $5 million for 2Q16, up 83.7% from earnings of $2.7 million in 2Q15.