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Trendlines Group ( (SG:42T) ) has provided an update.
Trendlines Group Ltd. has completed the first installment of its proposed subscription, issuing new ordinary shares to subscribers. The subscription process ensures that LH, a major subscriber, does not exceed a 29.77% stake in the company’s total enlarged issued and paid-up share capital. The newly issued shares are expected to be listed on the Catalist of the SGX-ST around 24 September 2025, aligning with the company’s strategic capital management and shareholder engagement initiatives.
More about Trendlines Group
Trendlines Group Ltd. is incorporated in Israel and operates within the financial sector. The company is involved in the issuance of shares and capital management, focusing on strategic investments and shareholder value enhancement.
Average Trading Volume: 1,922,282
Technical Sentiment Signal: Sell
Current Market Cap: S$38.09M
For an in-depth examination of 42T stock, go to TipRanks’ Overview page.