tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Serial Achieva Secures $22 Million Data Center Contract

Story Highlights
Serial Achieva Secures $22 Million Data Center Contract

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1