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An update from Serial System Ltd ( (SG:S69) ) is now available.
Serial Achieva’s subsidiary Achieva Cloud Services has secured a major contract to supply advanced high-performance networking switches designed to support AI-optimised infrastructure, with a potential total value of up to US$18.8 million. The deal, which begins with an initial US$4.7 million batch and may expand to a further US$14.1 million subject to customer acceptance, is positioned by management as a strategic win that deepens the group’s move into higher-growth artificial intelligence and high-performance computing segments, reinforcing its enterprise capabilities and regional role in advanced infrastructure deployments.
More about Serial System Ltd
Serial Achieva Limited is a regional distributor of consumer and enterprise IT products, operating primarily in Singapore and Malaysia. The company partners with leading technology brands such as Intel, Gigabyte, AMD, MST and ViewSonic to supply desktop CPUs, motherboards, graphics cards and gaming laptops to retailers and system integrators, leveraging strong warehousing and direct distribution capabilities to deliver one-stop IT distribution solutions across Asia.
Average Trading Volume: 1,833,577
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$68.08M
For detailed information about S69 stock, go to TipRanks’ Stock Analysis page.