14 Jul 2016
Initial Public Offering and Listing of Procurri Corporation Limited
Danny Lim and Alina Tan from the Capital Markets / Mergers & Acquisitions Practice Group are advising DBS Bank Ltd. as solicitors to the issue manager, bookrunner and underwriter as to Singapore law, in respect of the initial public offering and listing of Procurri Corporation Limited on the Main Board of the Singapore Exchange Securities Trading Limited (the "SGX-ST").
The Procurri group is a leading global independent provider of data centre equipment and IT lifecycle services. Through its direct presence and global network of partners, its business covers over 80 countries worldwide, with offices across 3 continents and in 5 jurisdictions, namely, the USA, the UK, Mexico, Singapore and Malaysia.
Procurri Corporation Limited is poised to be the first non-REIT and first technology IPO on the Main Board of the SGX-ST this year. Immediately post-offering, its market capitalisation is expected to be approximately S$156.8 million.