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SGX:XHV

8 stories mentioning SGX:XHVUpdated 1d ago

Every FINWIRES story that references SGX:XHV, newest first.

Asia

Serial Achieva Forecasts First-Half Net Loss

Serial Achieva (SGX:XHV) expects to report a net loss for the half-year ended June 30, dragged by unrealized foreign exchange losses incurred by the Group's Thailand subsidiary, according to a Tuesday filing to the Singapore stock exchange.The subsidiary's results were impacted by the weakening of the Thai baht against the US dollar.However, the group expects to report stronger gross profit for the first half, while the net loss attributable to shareholders is expected to be lower than that reported in the corresponding period last year.The consumer and enterprise information technology products distributor expects to release its results by Aug. 14.

SGX:XHV
Asia

Singapore Shares Pull Back, Mirror Regional Losses; Serial Achieva Up 5%

Singapore shares declined on Friday, tracking regional losses as Asian stocks slid on Apple's price hikes which could have an impact of booming global chip demand.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,155.95 and 5,214.11 throughout the day. It ended the session at 5,191.73, down 27.23 points or 0.5% compared to Thursday's close.In economic news, Singapore's manufacturing output increased 13% year on year in May, slowing from a revised 16.5% increase a month prior, according to data released by the Singapore Economic Development Board.On the corporate front, shares of Serial Achieva (SGX:XHV) were up nearly 5% at the close as it secured a co-location services contract in Malaysia, to provide data center capacity and related facilities to a local cloud services provider.GSH (SGX:BDX) closed nearly 4% higher as it raised SG$80 million in gross proceeds via an issuance of digital securities on the SDAX platform.Meanwhile, JustCo (SGX:JCO) was up nearly 3% at the close as it launched a new co-working space in Singapore at the Octagon.

^STISGX:BDXSGX:JCOSGX:XHV
Asia

Serial Achieva Bags Data Center Project in Malaysia

Serial Achieva (SGX:XHV) secured a co-location services contract in Malaysia, to provide data center capacity and related facilities to a local cloud services provider, according to a Thursday filing with the Singapore Exchange.The contract is valued at around 17.8 million ringgit and has a three-year initial term.Shares of the consumer and enterprise IT products company were up nearly 2% in Friday trading.

SGX:XHV
Japan

Singapore Shares Surge as Trump Cancels Strikes on Iran; Aspen (Group) Up 7%

Singapore shares surged on Friday, tracking regional gains, with investor sentiment buoyed by the US president, Donald Trump's decision to end strikes on Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,995.83 and 5,045.28 throughout the day. It ended the session at 5,025.80, up 37.70 points or 0.8% compared to Thursday's close.On the corporate front, shares of Aspen (Group) (SGX:1F3) surged nearly 7% at the close as its associated company, Rivnis Ventures, signed a definitive agreement with Malaysia's Railway Assets Corporation (RAC), for a mixed development project in Penang.Serial Achieva (SGX:XHV) closed over 5% higher as it secured a $14.1 million AI infrastructure order following a successful first phase delivery.Meanwhile, shares of Aspial Lifestyle (SGX:5UF) were up nearly 3% at the close as it concluded its preferential offering, raising a total of SG$84.8 million in gross proceeds.

^STISGX:1F3SGX:5UFSGX:XHV
Asia

Serial Achieva Bags $14 Million AI Infrastructure Order; Shares Up 6%

Serial Achieva (SGX:XHV) secured a $14.1 million AI infrastructure order following a successful first phase delivery, according to a Thursday filing with the Singapore Exchange.Shares of the technology company were up nearly 6% in Friday trading.The project, which was secured through subsidiary Achieva Cloud Services, is now valued at $18.8 million and is focused on high-performance networking switches.

SGX:XHV
Asia

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

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.

SGX:XHV
Asia

Serial Achieva Secures In-Principle Approval for Listing, Quotation of 21 Million Shares

Serial Achieva (SGX:XHV) secured an in-principle approval from the Singapore Exchange Securities Trading for the listing and quotation of around 21.0 million shares to be issued to UFCT Technology, according to a Sunday bourse filing.The distributor of consumer and enterprise information technology products had signed a subscription agreement with UFCT back in March.

SGX:XHV
Asia

Serial Achieva Secures AI Infrastructure Contract Worth Nearly $19 Million

Serial Achieva (SGX:XHV) subsidiary, Achieva Cloud Singapore, secured a contract for the supply of high-performance networking switches worth potentially $18.8 million, according to a Monday filing with the Singapore Exchange.The contract initially requires Achieva Cloud to supply the first batch of switches worth $4.7 million.Subject to successful evaluation and acceptance, the customer will purchase additional switches worth $14.1 million.

SGX:XHV

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