NewTimeSpace News:On March 16, 2026, Serial Achieva issued an announcement stating that it has officially signed a Memorandum of Understanding (MOU) with UFCT Technology, aiming to establish a long-term strategic cooperation framework, drive the synergistic development of both parties' businesses and explore the potential for in-depth cooperation.

Pursuant to the announcement, the core of the cooperation between the two parties focuses on two major areas: first, artificial intelligence, cloud computing, storage technologies and related businesses; second, exploring business opportunities to enhance the commercial value of both parties, strengthen the cooperative relationship, including deepening capital collaboration. Specifically, by leveraging its industrial resources and professional capabilities, UFCT will fully support the business development of Serial Achieva in aspects such as enterprise customer development, AI and cloud computing-related cooperation, product and supply chain synergy, and regional expansion in markets including the ASEAN.

In terms of capital cooperation, the MOU clearly states that the two parties intend to explore the possibility of UFCT increasing its shareholding in Serial Achieva within the next two to three years. Serial Achieva stated that it will timely disclose material developments related to the MOU in accordance with the rules of the Singapore Catalist Board.

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