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Serial System’s Taiwan Civil Suit Concludes as Supreme Court Dismisses Appeal

Story Highlights
  • Serial System’s associated company Bull Will Co. has secured a final victory as Taiwan’s Supreme Court dismisses an investor protection group’s appeal.
  • The conclusion of the Taiwan civil suit, with costs borne by the appellant, removes legal uncertainty and stabilizes the risk outlook for Serial System’s stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Serial System’s Taiwan Civil Suit Concludes as Supreme Court Dismisses Appeal

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Serial System Ltd ( (SG:S69) ) has provided an announcement.

Serial System Ltd has announced that the Supreme Court of Taiwan has dismissed the appeal lodged by the Securities and Futures Investors Protection Centre of Taiwan in a long-running civil suit involving its 12.91% associated company, Bull Will Co., Ltd. The Supreme Court’s decision is final and conclusive, and litigation costs were ordered to be borne by the appellant, effectively bringing the case to a close and removing a legal overhang that had posed potential reputational and financial uncertainty for the group and its stakeholders.

More about Serial System Ltd

Serial System Ltd, incorporated in Singapore, operates as an investment holding company with interests in electronics-related businesses, including a 12.91% stake in Taiwanese firm Bull Will Co., Ltd. Through its group structure, it participates in regional technology and components markets, leveraging associated companies to extend its presence in key Asian electronics and semiconductor supply chains.

Average Trading Volume: 7,898,533

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$70.77M

For a thorough assessment of S69 stock, go to TipRanks’ Stock Analysis page.

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