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Trendlines Group still a 'buy': DBS research

Published Thu, Mar 17, 2016 · 09:50 PM

Singapore

DBS Group Research has maintained its buy rating on The Trendlines Group, despite the Catalist-listed medical (medtech) and agricultural tech (agtech) incubator losing the bid to renew its agtech incubator licence.

It is "not a material loss", DBS analyst Sachin Mittal said in a note on Thursday. "Given that medtech companies comprise an estimated 70-8…

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