SERIAL SYSTEM invites you to its AGM - and lunch - this Saturday

Serial's AGM will be held on the 5th level of its building in Ubi View.

Shareholders and observers at Serial's AGM last year at the company's HQ in Ubi View. Photo by Cheng Siew Hooi

Derek Goh, executive chairman & CEO, bought 7.452 million Serial shares in 1Q of this year -- after scooping up 7.295 million shares in the 2H of last year.

THIS SATURDAY, Serial System will hold its AGM – the third year of AGMs on a Saturday morning.

This is unlike virtually all other SGX-listed companies that hold theirs on weekdays during working hours when not many retail shareholders can attend.

Serial System is inviting shareholders and non-shareholders alike to its event, where its chairman and CEO, Derek Goh, will make a presentation on its business prospects, and take questions.

The CFO, Alex Wui, will be available to chat too after the event.

You will learn more about the outlook for the semiconductor and electronics sectors that Serial System (www.serialsystem.com.sg) operates in. Serial is one of the top 3 semi-conductor component distributors in China.

You may even pick up insights into why Derek Goh has bought 7.452 million Serial shares in 1Q of this year.

He had bought 7.295 million shares in the 2H of last year.

Lunch after Serial System AGM in 2010.

While Derek Goh is the largest shareholder, the No.2 is Sam Goi, the Popiah King (see screenshot below of annual report)

Serial has maintained a payout ratio of 40-50% of net earnings in the past couple of years, which assures long-term shareholders of a decent yield. Is the 6-7% dividend yield sustainable?

Make a date with Serial System, which reported S$770.3 million in sales last year and S$12.7 million in net profit.

Date: Saturday, April 28.

Time: 10.30 am.

Venue: 8 Ubi View, #05-01 Serial System Building, Singapore 408554

For the location map of 8 Ubi View, click here. (The nearest MRT stations are MacPherson and Tai Seng).

Lunch will be served.

Seats are limited. Non-shareholders should register as soon as possible by emailing their full name, IC number and telephone number to: This email address is being protected from spambots. You need JavaScript enabled to view it.

Sam Goi is the No.2 largest shareholder of Serial, according to the 2011 annual report.

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