SG: Realty firm Fission Group's founder takes 12.19% stake in DeClout for $9.46m

SG: Realty firm Fission Group's founder takes 12.19% stake in DeClout for $9.46m

Singapore. Photo by Mike Enerio on Unsplash

Melvin Poh, the founder of Singapore’s real estate development company Fission Group has acquired a 12.19 percent stake in SGX Catalist-listed IT firm DeClout for about $9.46 million to become its second-largest shareholder, the company announced.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter