---
title: "Serial Achieva Wins In-Principle Nod for Listing of New Subscription Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288963729.md"
description: "Serial Achieva Limited received in-principle approval from the Singapore Exchange to list 21,004,873 new ordinary shares issued to UFCT Technology Co., Limited. This procedural milestone is part of an equity fundraising exercise but does not guarantee transaction completion. Investors are cautioned to trade carefully and monitor future announcements for material developments."
datetime: "2026-06-07T14:32:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288963729.md)
  - [en](https://longbridge.com/en/news/288963729.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288963729.md)
generator: "portal-rs"
---

# Serial Achieva Wins In-Principle Nod for Listing of New Subscription Shares

Axington Inc. ( (SG:XHV) ) has issued an announcement.

Serial Achieva Limited has received approval-in-principle from the Singapore Exchange for the listing and quotation of 21,004,873 new ordinary shares to be issued to UFCT Technology Co., Limited under a previously announced subscription agreement. The approval-in-principle confirms that the proposed subscription shares may be listed subject to compliance with listing requirements, but does not attest to the merits of the transaction or the company, and investors are cautioned that there is no certainty the subscription will be completed, with further updates to be provided in subsequent announcements.

The company’s board highlighted that the exchange’s green light for the listing and quotation notice is a procedural milestone in its planned equity fundraising exercise. However, both shareholders and potential investors are urged to trade carefully in the company’s shares, to monitor future company announcements for material developments, and to seek professional advice where necessary given the possibility of changes to, or non-completion of, the proposed subscription.

**More about Axington Inc.**

Serial Achieva Limited is a Labuan, Malaysia-incorporated company listed on the Singapore Exchange, operating through a group structure that includes various subsidiaries. The firm raises capital through share issuances and targets investors via structured subscription agreements to support its corporate and financial strategies.

**Average Trading Volume:** 110,269

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** S$22.24M

Find detailed analytics on XHV stock on TipRanks’ Stock Analysis page.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**