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
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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.
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