Trendlines proposes S$14m share placement, plans strategic review

Singapore

THE Trendlines Group on Tuesday proposed a S$14.03 million placement of new shares at 14.03 Singapore cents apiece.

Catalist-listed Trendlines - an Israel-based incubator for medical and agricultural technology startups - also said that it intends to undertake a strategic review of its operations with a view to cutting cost, increasing efficiency and enhancing shareholder value. The review scope also includes the possible implementation of a dividend policy.