Serial Achieva Limited Receives Approval-in-Principle for Subscription Shares Listing
Date: 7 June 2026
Executive Director and CEO: Victoria Goh Si Hui
Key Points for Investors
- Approval-in-Principle Granted: Serial Achieva Limited has received approval-in-principle from the Singapore Exchange Securities Trading Limited (“Exchange”) for the listing and quotation of 21,004,873 new ordinary shares (the “Subscription Shares”) to be issued to UFCT Technology Co., Limited under a subscription agreement.
- Background of Subscription: The Subscription Agreement was previously announced on 11 March 2026 and involves the issuance and allotment of new shares to a strategic investor, UFCT Technology Co., Limited. This move signals a significant capital injection and potential partnership.
- Compliance Requirements: The listing and quotation of these Subscription Shares is subject to Serial Achieva Limited’s compliance with all Exchange listing requirements. This means the shares will only be listed once all regulatory obligations are met.
- No Assurance on Completion: Investors should note that there is no certainty that the Proposed Subscription will be completed, or that the terms will remain unchanged. This introduces an element of uncertainty, which can affect share price volatility.
- Merit Not Indicated: The approval-in-principle and the LQN (listing and quotation notice) do not constitute an endorsement of the merits of the Proposed Subscription, the Subscription Shares, or Serial Achieva Limited itself. Investors should not interpret this approval as a guarantee of business prospects or share value.
- Advice to Shareholders: Shareholders and potential investors are strongly advised to exercise caution when trading Serial Achieva Limited shares. Any action should be carefully considered, and professional financial advice (from stockbrokers, bank managers, solicitors, accountants, or tax advisers) is recommended if there is any uncertainty.
- Further Announcements Expected: The Company will make additional announcements should there be material updates regarding the Proposed Subscription. Investors are advised to monitor these communications closely.
- Sponsor Review: The announcement has been reviewed by the Company’s sponsor, RHT Capital Pte. Ltd., but not examined or approved by the Exchange. The Exchange assumes no responsibility for the content.
Potential Price Sensitivity
The receipt of approval-in-principle for the listing and quotation of 21 million new shares may be significant for Serial Achieva Limited’s share price. If the subscription proceeds, it could signal confidence from a strategic investor (UFCT Technology) and potentially bolster the Company’s financial position. However, the uncertainty surrounding completion and compliance means investors may experience volatility until final confirmation is announced.
Contact Information
Sponsor Contact: Mr. Khong Choun Mun, RHT Capital Pte. Ltd.
Address: 36 Robinson Road, #10-06 City House, Singapore 068877
Email: [email protected]
Disclaimer
This article is for informational purposes only and does not constitute investment advice. The Singapore Exchange Securities Trading Limited has not examined or approved the contents herein, and assumes no responsibility for the accuracy of statements or opinions. Investors should consult their professional advisers before making any financial decisions related to Serial Achieva Limited.
中文版
Serial Achieva Limited获得原则性批准，将发行新股份并上市
日期：2026年6月7日
执行董事兼首席执行官：Victoria Goh Si Hui
投资者关注要点
- 获得原则性批准：Serial Achieva Limited已获得新加坡证券交易所的原则性批准，将向UFCT Technology Co., Limited发行并上市21,004,873股新普通股。
- 认购背景：此认购协议于2026年3月11日公告，涉及向战略投资者UFCT Technology Co., Limited发行新股，为公司带来重要资金注入和潜在合作。
- 合规要求：新股份的上市和报价需公司完全遵守交易所的上市要求，只有在所有法规条件满足后，股份才会正式上市。
- 完成无保证：投资者需注意，拟议认购未必一定完成，条款也可能变更，这可能影响股价波动。
- 批准并非认证：原则性批准和上市通知不代表对认购、股份或公司的业务前景的认可，投资者不应将此视为保证。
- 投资建议：建议股东及潜在投资者在买卖公司股份时保持谨慎，如有疑虑应咨询专业人士（证券经纪、银行经理、律师、会计师或税务顾问）。
- 后续公告：公司将根据需要发布相关进展公告，投资者应密切关注公司信息。
- 赞助商审核：公告已由公司赞助商RHT Capital Pte. Ltd.审核，但未获交易所审查或批准，交易所不对内容负责。
可能的股价敏感因素
获得上市新股份的批准可能对公司股价产生影响。若认购顺利进行，将显示战略投资者的信心，并可能提升公司财务状况。但由于完成存在不确定性，投资者在最终确认前可能会经历股价波动。
联系方式
赞助商联系人：Khong Choun Mun，RHT Capital Pte. Ltd.
地址：新加坡罗宾逊路36号，#10-06 City House，邮编068877
电子邮件： [email protected]
免责声明
本文仅供参考，不构成投资建议。新加坡证券交易所未审查本文内容，也不对其准确性负责。投资者在做出相关决策前应咨询专业顾问。
