SerSol Berhad announced that at the AGM to be held on June 15, 2013, the shareholders to consider the consider the amendment of Clause 5 of the Memorandum of Association and Article 7 of the Articles of Association of the company to increase authorised share capital from MYR 50,000,000 comprising 500,000,000 shares to MYR 500,000,000 comprising 5,000,000,000 shares.

SerSol Berhad reported un-audited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported loss attributable to owners of the parent of MYR 438,000 or 0.45 sen per basic and diluted share on revenue of MYR 3,925,000 compared to MYR 557,000 or 0.58 sen per basic and diluted share on revenue of MYR 5,075,000 for the last year. The company reported loss before tax of MYR 452,000 compared to MYR 597,000, loss from operations of MYR 399,000 compared to MYR 523,000, net cash used in operating activities of MYR 522,000 compared to net cash from operating activities of MYR 1,240,000 and purchase of plant and equipment of MYR 31,000 compared to MYR 8,000 for the last year. The decrease in losses is due to improved performance in Malaysia's and Thailand's subsidiaries.

SerSol Berhad announced the Redesignation of Tan Fie Ping from Executive Chairman & Managing Director to Executive Managing Director of the company, effective from April 19, 2013.