TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Serial System Ltd ( (SG:S69) ) has shared an update.
Serial Achieva Limited’s subsidiary, Achieva Cloud Services Sdn. Bhd., has secured a significant contract valued at approximately US$22 million to provide co-location data center space and related facilities to an AI cloud service provider in Southeast Asia. This contract aligns with the company’s strategic expansion into the cloud storage and digital infrastructure market, enhancing its business portfolio and positioning it for long-term growth in the digital economy.
More about Serial System Ltd
Serial Achieva Limited operates in the digital infrastructure sector, focusing on cloud storage, artificial intelligence, and digital infrastructure. The company, through its subsidiaries, provides co-location services, including data center space rental, power supply, and related infrastructure, complementing its role as a distributor of consumer and enterprise IT products.
Average Trading Volume: 228,838
Technical Sentiment Signal: Hold
Current Market Cap: S$41.21M
For a thorough assessment of S69 stock, go to TipRanks’ Stock Analysis page.