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M&A
Axington in yet another RTO attempt with $27 million deal to buy Serial System's unit
Axingont had made two earlier RTO attempts over the past year. Both fell through.
September 03, 2022
New appointments
Serial System appoints Sean Goh as deputy group CEO
Goh will relinquish his title as group chief operating officer following the appointment.
July 08, 2022
Results
Serial System reports lower 1QFY2022 earnings on allowance for obsolete stocks
The company sees a cyclical pickup in manufacturing for the current 2Q and coming 3QFY2022.
June 19, 2022
Results
Serial System's 2HFY2021 earnings up 12% to US$5.3 mil
The company's turnaround is yet to complete
February 23, 2022
Insider moves
LY Corp chairman, Serial System's Goh and iFast director Lim raise stakes in respective firms
LY Corp's operations faces some disruption from the pandemic
November 11, 2021
Results
Serial System back in the black in 3Q with earnings of US$3.4 mil
Serial System is back in the black in 3QFY2021 with earnings of US$3.4 million.
November 03, 2021
Equity raising
Serial System raises $1.35 mil through placement of 9 mil shares
Serial System intends to use the placement proceeds to invest in new corporate ventures in FinTech.
July 12, 2021
Founder of Serial System and substantial shareholder of Accrelist raise respective stakes
Serial System founder Derek Goh Bak Heng and substantial shareholder of Accrelist Toh Soon Huat raise stakes in respective firms.
June 18, 2021
Company in the news
Taiwan civil suit facing Serial System's local associate dismissed
Serial System shares have gained strongly in recent days
June 15, 2021
Serial System's chairman Derek Goh loads up after being cleared in Taiwan probe
Derek Goh, executive chairman of Serial Systems, bought 1.5 million shares on the open market for $106,500 on June 2, which works out to an average of 7.1 cents per share. A day earlier and on May 4, Goh had acquired 5.2 million shares for $365,144 and 12
June 12, 2020