Trendlines Group Completes S$0.067 Share Placement, Expanding Equity Base
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Trendlines Group Ltd. has completed a private placement of 83,680,000 new ordinary shares at S$0.067 each, increasing its share capital to 1,455,493,553 shares. The new shares, representing about 5.75% of the enlarged capital, are fully paid and will start trading on the SGX-ST on 19 January 2026. This capital-raising exercise slightly dilutes existing shareholders but strengthens the company's equity base, enhancing its financial flexibility for strategic initiatives. The latest analyst rating for Trendlines Group (SG:42T) is a Hold with a price target of S$0.08.
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