Announcement • Apr 14
Serial Achieva Limited, Annual General Meeting, Apr 29, 2026 Serial Achieva Limited, Annual General Meeting, Apr 29, 2026, at 11:00 Singapore Standard Time. Location: 8 ubi view, 05-01, serial system building, singapore 408554, Singapore New Risk • Mar 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (S$27.2m market cap, or US$21.2m). Reported Earnings • Feb 26
Full year 2025 earnings released: US$0.004 loss per share (vs US$0.039 loss in FY 2024) Full year 2025 results: US$0.004 loss per share (improved from US$0.039 loss in FY 2024). Revenue: US$99.0m (up 25% from FY 2024). Net loss: US$669.0k (loss narrowed 89% from FY 2024). New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$20.7m market cap, or US$16.4m). Buy Or Sell Opportunity • Sep 11
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to S$0.18. The fair value is estimated to be S$0.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 95% over the last 3 years, while earnings per share has been flat. Board Change • Aug 22
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Jason Su is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jul 30
Serial Achieva Limited to Report First Half, 2025 Results on Aug 14, 2025 Serial Achieva Limited announced that they will report first half, 2025 results on Aug 14, 2025 Board Change • Jul 23
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Jason Su is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 29
Serial Achieva Limited Appoints Kit Wei Yen as Financial Controller, Effective July 1, 2025 The Nominating Committee and the Board of Directors of Serial Achieva Limited, having reviewed and considered the professional qualifications and working experience of Ms. Kit Wei Yen ("Ms. Kit"), are satisfied that Ms.
Kit possess the requisite experience and capabilities to assume the role of a Financial Controller. The Board has approved the appointment of Ms. Kit as the Financial Controller of the Company. Executive. Ms. Kit shall be responsible for the Group s accounting, finance, treasury and tax functions. Professional qualifications: - Member of the Institute of Accountants, Malaysia - Member of the Certified Public Accountant (CPA), Australia - Master of Business Administration (MBA) from James Cook University, Australia - Advance Diploma in Management Accounting from Chartered Institute of Management Accountants (CIMA), the United Kingdom - London Chamber of Commerce and Industry (LCCI) (Major in Financial Accounting), the United Kingdom - Diploma in Business (SBU) (Major in Accounting). Working experience and occupation(s) during the past 10 years: October 2023 to June 2025 - Financial Controller, Propel Global Berhad, Sept 2018 to Sept 2023 - Senior Finance Manager, Moi Foods Malaysia Sdn Bhd, Aug. 2016 to Aug. 2018 - Senior Manager Finance and Admin, R&A Commercial Vehicles Sdn Bhd, December 2009 to July 2016 - Group Accounts Manager, Sungai Sendok Holdings Sdn Bhd. Date Of Appointment is July 1, 2025. Age is 45. Announcement • May 20
Kenny Yap Kim Lee Do Not Seek Re-Election as Independent Director of Serial Achieva Limited, Effective April 29, 2025 and Concurrently Vacate Positions in the Board Committees Serial Achieva Limited informed that Mr. Kenny Yap Kim Lee, an Independent Director of the Company who is retiring pursuant to Article 101 of the Company's Articles of Association has decided not to seek re-election at its Annual General Meeting of the Company held on April 29, 2025. Mr. Kenny Yap's retirement will take effect from the conclusion of the Meeting and he will concurrently vacate his positions in the Board Committees of the Company. Announcement • Apr 15
Serial Achieva Limited, Annual General Meeting, Apr 29, 2025 Serial Achieva Limited, Annual General Meeting, Apr 29, 2025, at 11:00 Singapore Standard Time. Location: 8 ubi view, 05-01, serial system building, singapore 408554, Singapore Announcement • Apr 13
Serial Achieva Limited Announces Retirement of Kenny Yap Kim Lee as Independent Director, Chairman of Remuneration Committee, Member of Audit and Risk Committee and Nominating Committee The Board of Serial Achieva Limited wishes to announce that Mr. Kenny Yap Kim Lee will not be seeking re-election and will retain office until the conclusion of the forthcoming annual general meeting to be held on 29 April 2025 at 11 am. Accordingly, he will retire as an Independent Director of the Company and step down as Chairman of Remuneration Committee, Member of Audit and Risk Committee and Nominating Committee respectively. Details of Mr. Kenny Yap's cessation as required under Catalist Rule 704(6)(a) have been set out in a separate announcement via SGXNet. In view of the above and subject to successful re-appointment of the Directors in the Company's forthcoming Annual General Meeting, the composition of the Board and relevant Board Committees with effect from 29 April 2025 are as follows: The Board of Directors will consist of Mr. Sean Goh Su Teng as Chairman and Non-Executive Director, Mr. Kenny Sim Mong Keang as Executive Director and Chief Executive Officer, Mr. Tan Thiam Hee as Lead Independent Director, Mr. Jason Su Weixun as Independent Director, Mr. Solomon Tan Jun Zhang as Independent Director, and Ms. Victoria Goh Si Hui as Non-Executive Director. The Audit and Risk Committee will be chaired by Mr. Tan Thiam Hee, with Mr. Jason Su Weixun and Mr. Solomon Tan Jun Zhang as members. The Nominating Committee will have Mr. Jason Su Weixun as Chairman, with Mr. Tan Thiam Hee and Mr. Solomon Tan Jun Zhang as members. Lastly, the Remuneration Committee will be chaired by Mr. Solomon Tan Jun Zhang, with Mr. Tan Thiam Hee and Mr. Jason Su Weixun as members. Board Change • Mar 28
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Jason Su is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Feb 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (S$25.5m market cap, or US$18.9m). Announcement • Feb 09
Serial Achieva Limited to Report Fiscal Year 2024 Results on Feb 28, 2025 Serial Achieva Limited announced that they will report fiscal year 2024 results on Feb 28, 2025 Board Change • Jan 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Jason Su is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Oct 18
Serial Achieva Limited Announces Change of Company Secretary, with Effect from 31 October 2024 Serial Achieva Limited announced that Ms Nor Hafiza Alwi has been appointed as Secretary of the Company with effect from 31 October 2024, in place of Mr. Chen Chuanjian, Jason and Ms Tan Ching Ching who have resigned as Joint Secretaries of the Company with effect from 31 October 2024. Announcement • Aug 03
Serial Achieva Limited to Report First Half, 2024 Results on Aug 14, 2024 Serial Achieva Limited announced that they will report first half, 2024 results on Aug 14, 2024 Board Change • Jul 01
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Non-Executive Director Luke Furler was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 
