The Trendlines Group Ltd. announced on Jan, 8 2026 that its proposed placement of up to 83.68 million new ordinary shares has been allocated to private investors, including Lion Global Investors Limited, at 0.067 Singapore dollars per share.
The shares were placed through appointed placement and sub-placement agents under an exempt offering in accordance with section 272B of the Securities & Futures Act.
Completion of the placement remains subject to the conditions outlined in the company’s Jan, 7 2026 announcement. PrimePartners Corporate Finance Pte. Ltd., the company’s sponsor, will file an application with the Singapore Exchange for the dealing in, listing of and quotation for the new shares on Catalist.
Trendlines said it will provide further updates in due course and advised shareholders and potential investors to exercise caution, noting there is no certainty the placement will be completed.