Shares & Derivatives
Procurri Corporation Limited
By Mr. IPO  •  July 17, 2016


Procurri Corporation Limited ("Procurri" or the "Company") is offering 68.88m new shares comprising 62m placement shares and 6.88m Public shares at $0.56 each. It has been a long while since we see a non-REIT listing on the main board.

The IPO will close on 18 July 2016 at 12pm and start trading on 20 July. The market cap of Procurri based on the IPO price is around $156.8 million.

The Company is a leading global independent provider of Data Centre Equipment and Lifecycle Services and aims to be the global aggregator. 

The name Procurri is derived from a Latin word and has the meaning of "leading the pack" and the tagline, changing the way the world buys technology, succinctly sums up its mission to be the global aggregator of enterprise hardware and services to its channels. 


Still don't understand what Procurri do? (me ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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