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Serial Achieva Secures $22 Million Data Center Contract

Story Highlights
  • Serial Achieva’s subsidiary secured a $22 million contract for data center services.
  • The contract enhances Serial Achieva’s position in the digital economy and cloud market.
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Serial Achieva Secures $22 Million Data Center Contract

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

Serial Achieva Limited’s subsidiary, Achieva Cloud Services Sdn. Bhd., has secured a US$22 million contract to provide co-location data center space and related facilities to an AI cloud service provider in Southeast Asia. This contract is a strategic move for Serial Achieva, enhancing its business portfolio and positioning it for growth in the digital economy by entering the cloud storage, AI, and digital infrastructure market segment.

More about Axington Inc.

Serial Achieva Limited is a company involved in the distribution of consumer and enterprise IT products. Its subsidiary, Achieva Cloud Services Sdn. Bhd., focuses on providing co-location services, including rental of data center space and related infrastructure for IT equipment hosting.

Average Trading Volume: 43,782

Technical Sentiment Signal: Sell

Current Market Cap: S$28.69M

See more insights into XHV stock on TipRanks’ Stock Analysis page.

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