Serial System

Markets

Hong Kong formally withdraws extradition bill; Singapore's GDP forecast lowered

SINGAPORE (Sept 9): After 13 long weeks of protests in Hong Kong, an end to the political crisis in the Special Administrative Region may be in sight.

Management & Corporate Governance

Serial System up 10.7% after CEO deemed fit to continue despite Taiwanese probe

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

Results

Serial System reports 85% rise in FY18 earnings to US$17.7 mil

SINGAPORE (March 1): Serial System, the distributor of electronic components and consumer products, reported FY18 earnings rose 85% to US$17.7 million ($23.9 million) from a year ago on higher reve

IPO

Serial System scraps Hong Kong IPO of subsidiary

SINGAPORE (Nov 9): IT parts distributor Serial System has scrapped plans to spin-off a subsidiary via a Hong Kong listing. The application to list, made six months ago, has lapsed.

Update

Serial System group CEO called upon again for Bull Will-linked investigations in Taiwan

SINGAPORE (Sept 13): For the second time, Serial System’s executive chairman and group CEO Derek Goh has asked by the Investigation Bureau, Ministry of Justice of Taiwan to personally assist in an

Serial System to divest stake in Australian laundry business for $43 mil

SINGAPORE (Sept 12): Serial System, the distributor of electronic components and consumer products, is divesting its entire 27.34% stake in SPL Holdings (Australia) to Anchorage Bridge Street for U

Results

Serial System reports 39% fall in 2Q earnings to US$2 mil

SINGAPORE (Aug 13): Serial System, the distributor of electronic components and consumer products, reported a 39% fall in 2Q earnings to US$2.0 million ($2.7 million) from a year ago.

Serial System CEO asked to assist in Taiwan investigations

SINGAPORE (June 28): Derek Goh Bak Heng, Serial System’s executive chairman and group CEO, has been asked to assist in certain investigations related to the Securities and Exchange Act of Taiwan.

In print this week

Will Serial System's HK spinoff give it the valuation it seeks?

SINGAPORE (June 22): Electronic parts distributor Serial System is set to spin off its Hong Kong subsidiary, Serial Microelectronics (HK), in a listing on the Stock Exchange of Hong Kong. 

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