Serial Achieva Completes Striking Off of Joint Venture Achieva Tech Allianz Pte Ltd
Summary:
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Serial Achieva Limited announces the successful striking off of its joint venture company, Achieva Tech Allianz Pte. Ltd. (ATA), from the Register of Companies under Section 344 of the Companies Act, Cap. 50
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This follows the termination of the joint venture agreement with A-Speed Infotech Pte. Ltd., as previously announced on 28 February 2025
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The striking off process concluded on 26 December 2025 and is not expected to materially impact the Group's net tangible assets or earnings per share for the financial year ending 31 December 2025
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No directors or substantial shareholders of Serial Achieva have any direct or indirect interest in the transaction, beyond their shareholdings in the Company
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The announcement, issued by Executive Director and CEO Sim Mong Keang, has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd