Serial System Ltd

Serial Achieva seeks access to capital markets to grow regional IT distribution business 

Serial System notes in a filing to the Singapore Exchange that the net loss is primarily due to loss allowance for trade receivables, net foreign exchange loss, inventory obsolescence and higher interest expenses.

Serial System expects net loss for FY2023 

Axington, which does not have any revenue-generating business and faces delisting if it does not acquire a new business, said that the proposed acquisition would enable shareholders to participate in areas that have potential for significant growth.

Axington proposes acquisition of Malaysia-based firm, could lead to RTO

Axington has warned that any cash exit offer to shareholders will be “highly unlikely” in the event it is not granted the time extension and will be delisted from SGX. 

Axington seeks time extension, warns exit offer ‘highly unlikely’ if Achieva acquisition falls through

Serial System's stink of a dispute with durian partners lingers on

Serial System's stink of a dispute with durian partners lingers on

Serial System in dispute with durian JV parties over RM15.4m claim

Serial System in dispute with durian JV parties over RM15.4m claim

Serial System chairman steps down for 24 months following "conditional warning"

Serial System chairman steps down for 24 months following "conditional warning"

Serial System rides global chip shortage by diversifying
TOPLINE

Serial System rides global chip shortage by diversifying

Hot stock: Serial System shares up 8.8% in early trade after guiding for net profit for H1

Hot stock: Serial System shares up 8.8% in early trade after guiding for net profit for H1

Serial System places 9m treasury shares for S$0.15 per share

Serial System places 9m treasury shares for S$0.15 per share