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Serial Achieva Limited Terminates Joint Venture Amid Legal Concerns

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Serial Achieva Limited Terminates Joint Venture Amid Legal Concerns

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

Serial Achieva Limited, through its subsidiaries, operates in a sector that involves joint ventures and partnerships, as evidenced by its recent dealings with A-Speed Infotech Pte. Ltd. The company has announced the termination of its joint venture agreement with A-Speed Infotech due to criminal charges against a director of the partner company. This decision is not expected to materially impact the company’s financial performance for the current fiscal year.

More about Axington Inc.

Average Trading Volume: 67,352

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$25.47M

For a thorough assessment of XHV stock, go to TipRanks’ Stock Analysis page.

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