SUBSCRIBERS

Trendlines looks to Tel Aviv dual listing to attract investors, raise liquidity

There is greater familiarity in Israel than Singapore for companies with similar business models, says CEO

Published Fri, Jun 4, 2021 · 05:50 AM

Singapore

THE Trendlines Group is making a fresh attempt at boosting its market valuation with a plan for a dual listing on the Tel Aviv Stock Exchange (TASE).

"We are very frustrated by where the stock trades," said Todd Dollinger, one of the company's two chief executive officers (CEOs). Shares of Trendlines, an investor in early-stage companies, closed Thursday at 10.3 Singapore cents or 64 per cent of their book value.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here