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Serial System Ltd ( (SG:S69) ) has issued an update.
Serial Achieva Limited addressed shareholder inquiries regarding recent US and China tariffs and US GPU chip restrictions. The company does not foresee immediate impacts from the tariffs due to its local market focus and supplier locations outside the US and China. However, the GPU restrictions may affect its AI data centre expansion plans, though its core distribution business remains unaffected.
More about Serial System Ltd
Serial Achieva Limited operates in the IT and computer peripherals distribution industry, primarily focusing on the Malaysian and Thai markets. The company is expanding into the AI data centre market, leveraging its existing distribution network.
YTD Price Performance: -12.00%
Average Trading Volume: 334,256
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$39.42M
For an in-depth examination of S69 stock, go to TipRanks’ Stock Analysis page.