Trendlines Group Launches Major Rights Issue

Trendlines Group (TRNGF) has released an update.

The Trendlines Group Ltd. has announced the dispatch of notification letters and rights issue forms for its non-renounceable, non-underwritten rights issue of up to 73,641,050 new ordinary shares at S$0.06 each. This issue allows existing shareholders to purchase one new share for every fourteen they own. Shareholders who haven’t received their documents can contact the Central Depository or the Share Registrar for assistance.

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