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Trendlines Group ( (SG:42T) ) just unveiled an update.
Trendlines Group Ltd. has completed a private placement of 83,680,000 new ordinary shares at S$0.067 per share, increasing its issued and paid-up share capital from 1,371,813,553 to 1,455,493,553 shares. The new shares, representing about 5.75% of the enlarged share capital (excluding treasury shares), are fully paid, free of encumbrances, and will rank pari passu with existing shares except for dividends and distributions with record dates on or before completion, and are expected to commence trading on the Catalist board of the SGX-ST on 19 January 2026. This capital-raising exercise modestly dilutes existing shareholders but strengthens the company’s equity base, potentially enhancing its financial flexibility to pursue strategic initiatives and support its portfolio, while reinforcing its presence in Singapore’s growth-company market segment.
The most recent analyst rating on (SG:42T) stock is a Hold with a S$0.08 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
Trendlines Group Ltd., incorporated in Israel and listed on the Singapore Exchange’s Catalist board, operates as an investment and commercialization company, focusing on nurturing and developing early-stage ventures, particularly in technology-driven sectors. The company raises capital through the equity markets to support its growth strategy and portfolio companies, leveraging its SGX listing to access regional investors.
Average Trading Volume: 11,691,530
Technical Sentiment Signal: Buy
Current Market Cap: S$101.5M
See more insights into 42T stock on TipRanks’ Stock Analysis page.