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Serial System Ltd ( (SG:S69) ) has provided an update.
Serial System Ltd has announced an update on a civil suit in Taiwan involving its associated company, Bull Will Co., Ltd. The plaintiff, Securities and Futures Investors Protection Centre of Taiwan, has filed an appeal with the Supreme Court. The company reassures stakeholders that Bull Will has a US$5 million liability insurance policy, which is sufficient to cover potential damages. The Board anticipates no significant impact on the company’s financial metrics for the year ending December 2025.
More about Serial System Ltd
Serial System Ltd, incorporated in Singapore, operates in the electronics distribution industry, focusing on providing electronic components and consumer electronics across various markets.
Average Trading Volume: 228,838
Technical Sentiment Signal: Hold
Current Market Cap: S$41.21M
For detailed information about S69 stock, go to TipRanks’ Stock Analysis page.