Claim 70% Off TipRanks This Holiday Season
- 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
An update from Trendlines Group ( (SG:42T) ) is now available.
Trendlines Group has received listing and quotation approval from the Singapore Exchange’s Catalist board for up to 51,447,751 new ordinary shares to be issued at S$0.0666 per share under a proposed subscription. The approval, which is conditional on the company meeting SGX listing requirements, paves the way for Trendlines to proceed with its planned share placement and potential equity fundraising, and the company has indicated it will provide further updates to shareholders as the transaction progresses.
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. is an Israel-incorporated company listed on the Catalist board of the Singapore Exchange, operating as an investment and holding entity focused on building and developing portfolio businesses, particularly within innovation-driven sectors. Through its listed ordinary shares, the company taps Singapore’s capital markets to fund its growth and that of its subsidiaries.
Average Trading Volume: 10,136,913
Technical Sentiment Signal: Hold
Current Market Cap: S$92.43M
For a thorough assessment of 42T stock, go to TipRanks’ Stock Analysis page.