DeClout Limited (Catalist:5UZ) will look for acquisitions. DeClout expects to receive net proceeds of approximately SGD 42.1 million from the disposal of its stake in whole or in part, of 132.32 million shares held in Procurri Corporation Limited (SGX:BVQ). DeClout intends to use the disposal proceeds for repaying DeClout ‘s external borrowings for up to SGD 22.8 million and to fund investments and transactions involving mergers and acquisitions for up to SGD 19.3 million.