The Trendlines Group (SGX: 42T) said the second tranche of its subscription deal for the issue of up to 76.6 million new ordinary shares at SG$0.06 per share will not proceed due to lack of funds from certain subscribers, according to a Thursday filing on the Singapore Exchange.
With the development, the company's proposed subscription deal has been completed and it will not issue any further shares related to the subscription., the filing said.
The first tranche of the proposed subscription was completed on Nov. 7 and the shares issued under this tranche were listed on the SGX Catalist on the same day.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。