Serial System Ltd Updates on Taiwan Civil Suit
Serial System Ltd has updated on a civil suit in Taiwan involving its associated company, Bull Will Co., Ltd. The plaintiff, Securities and Futures Investors Protection Centre of Taiwan, has appealed to the Supreme Court. The company assures stakeholders that Bull Will has a US$5 million liability insurance policy to cover potential damages, and anticipates no significant impact on its financial metrics for the year ending December 2025. Serial System Ltd operates in the electronics distribution industry, with a current market cap of S$41.21M.
Serial System Ltd ( (SG:S69) ) has provided an update.
Serial System Ltd has announced an update on a civil suit in Taiwan involving its associated company, Bull Will Co., Ltd. The plaintiff, Securities and Futures Investors Protection Centre of Taiwan, has filed an appeal with the Supreme Court. The company reassures stakeholders that Bull Will has a US$5 million liability insurance policy, which is sufficient to cover potential damages. The Board anticipates no significant impact on the company’s financial metrics for the year ending December 2025.
More about Serial System Ltd
Serial System Ltd, incorporated in Singapore, operates in the electronics distribution industry, focusing on providing electronic components and consumer electronics across various markets.
Average Trading Volume: 228,838
Technical Sentiment Signal: Hold
Current Market Cap: S$41.21M
