Serial System’s stake in subsidiary Serial Achieva drops to 69.09%

Reuters
Mar 11
Serial System’s stake in subsidiary Serial Achieva drops to 69.09%

Serial System Ltd. said its stake in subsidiary Serial Achieva Limited will be diluted to 69.09% from 77.64% after Serial Achieva issues 21,004,873 new shares to UFCT Technology Co., Limited at S$0.22 per share for S$4,621,072. Serial System will remain Serial Achieva’s controlling shareholder and will continue to account for it as a subsidiary.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Serial System Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: E4W849MDXQ75JGU1) on March 11, 2026, and is solely responsible for the information contained therein.

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