Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Trendlines Group ( (SG:42T) ) has issued an announcement.
Trendlines has completed the previously announced transfer of management of its Trendlines Agrifood Fund Pte. Ltd. to Proterra Investment Advisors (Singapore) Pte. Ltd., after securing unanimous investor consent and fulfilling all regulatory and administrative requirements. Following the closing, Proterra becomes the sole investment manager, the fund will be renamed Proterra Trendlines Fund Pte. Ltd., and Trendlines Agrifood Innovation Centre Pte. Ltd. has stepped down from its investment manager role, a move the board says will sharpen Trendlines’ focus on its core activities while allowing the fund and its portfolio companies to leverage Proterra’s sector expertise and global network, and enabling Trendlines to continue benefiting from the fund’s performance under the new management structure.
The most recent analyst rating on (SG:42T) stock is a Hold with a S$0.07 price target. To see the full list of analyst forecasts on Trendlines Group stock, see the SG:42T Stock Forecast page.
More about Trendlines Group
The Trendlines Group Ltd., incorporated in Israel, operates as a group with subsidiaries and associated companies focused on managing and developing investment funds and innovation-related activities, including agrifood-focused investment vehicles.
Average Trading Volume: 10,036,235
Technical Sentiment Signal: Buy
Current Market Cap: S$100.4M
See more insights into 42T stock on TipRanks’ Stock Analysis page.