SINGAPORE (Sept 2): Shares in Serial System are up 10.7% to 8.3 cents on Monday morning after its board on Friday announced Derek Goh Bak Heng will continue with his role on the board of directors and as chief executive, following a review by its nominating committee (NC) at the request of the Singapore Exchange.

Last June, Goh was summoned by the Taiwanese authorities to assist in certain investigations under the Securities and Exchange Act of Taiwan, and was also asked by the Monetary Authority of Singapore (MAS) to assist in investigations concerning the Securities and Futures Act in November 2015.

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