The Trendlines Group Maintains Operations in Israel Despite Security Concerns; Shares Surge 5%

MT Newswires10-01

The Trendlines Group (SGX:42T) says that it will continue its business operations despite security situation in Israel, a filing with the Singapore Exchange said on Monday.

The company is closely following the situation as it develops and is in contact with the country's home front command to make decisions accordingly.

However, the agri and healthcare company revealed that CEOs of some of its portfolio companies might be called up for reserve duty while flight cancellations and other issues could inhibit planned official trips and investor meetings.

Shares of the company surged over 5% in recent trading.

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