Procurri Corporation Limited
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July 1, 2020
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Procurri Corporation Limited

Revenue:
SGD 221.3 million (2019)
Profit:
SGD 3.8 million (2019)
Employees:
411 (2019)
Headquarters:
Natural Cool Lifestyle Hub, Singapore
Founded:
October 2009
Current CEO:
Sean Murphy (2 Jan 2014-)
Parent:
This is the ultimate parent

Description

Procurri Corporation Limited is a global independent provider of IT Lifecycle Services and Data Centre equipment. The company offers Lifecycle Services, which includes Third-Party Maintenance Services and IT Asset Disposition (ITAD), along with IT Distribution, which includes both new authorised parts and refurbished hardware. For the year end 31 December 2019, Procurri employed approximately 401 people across its 21 offices and 6 warehouses worldwide.

The company was founded in 2009 as part of DeClout Limited and subsequently incorporated in Singapore on 15 March 2013 under the name ASVIDA Corporation Pte Ltd. On 14 August 2013, the company was renamed Procurri Corporation Pte Ltd and in May 2014 DeClout Limited announced it would spin-off Procurri as a separate legal entity. On 29 June 2016, the company converted into a public company limited by shares and changed its name to Procurri Corporation Limited.

Procurri Corporation Limited is located at 29 Tai Seng Avenue, #02-01 Natural Cool Lifestyle Hub, Singapore 534119.

Procurri Corporation Limited is listed on the Singapore Exchange (SGX) under the code BVQ.

In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
No items found.

Operating Segments:

IT Distribution - The information technology (IT) distribution segment provides hardware resale and supply chain management. For the year end 31 December 2018, the IT distribution segment accounted for 67.68% (SGD 149.8 million) of total revenue.

Lifecycle Services - The lifecycle services segment provides independent maintenance services, Hardware-as-a-Service, and IT asset disposition. For the year end 31 December 2018, the lifecycle services segment accounted for 32.32% (SGD 71.5 million) of total revenue.

Mergers and Acquisitions:

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