.jpg)
Singapore Exchange (SGX) is pleased to welcome the listing of DeClout Limited on Catalist Board under the stock code, “5UZ”.
DeClout is a provider of next generation technology services, offering a full suite of information and communications technology services. They now operate out of Singapore, Malaysia, Indonesia and China, and plan to expand across Southeast Asia. The company aims to ride on the growing interest in online gaming to be the leading Games Cloud service provider in Southeast Asia.
Mr Vesmond Wong, Chairman and Group Chief Executive Officer of DeClout Limited, said: "Seeing DeClout take its place on the Catalist Board of the Singapore Exchange has made all the hard work put in by everyone worthwhile. With the funds raised, we are ready to take the company to its next phase of growth. The success of our IPO also demonstrates the confidence that investors have in DeClout's ability to become a premier provider of next generation technology services in Asia, and to strike out in a new direction that will see us reshape the way people live and run their businesses.”
“We are pleased to welcome DeClout to list on SGX. The company is in an industry that is vibrant and evolving, and we are proud that Catalist has once again been chosen by another of our home grown companies as their capital raising platfrom for achieving their business objective,” said Mr Lawrence Wong, Head of Listings at SGX.
The listing of DeClout brings the total number of companies listed on Catalist to 141 with total market capitalization of S$6.7 billion (US$5.5 billion).
