Serial Achieva Completes Nearly SG$5 Million Share Placement to UFCT Technology; Shares Up 6%

MT Newswires

06/12

Serial Achieva (SGX:XHV) completed the subscription of SG$4.6 million worth of shares to UFCT Technology, according to a Thursday filing with the Singapore Exchange.

Shares of the distributor of technology products were up nearly 6% in Friday trading.

The company has allotted and issued 21.0 million shares at SG$0.22 each under the subscription agreement.

The distributor of consumer and enterprise information technology products had signed a subscription agreement with UFCT back in March.

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