Trendlines (SGX:42T) completed the second and final installment of a share subscription exercise, allotting new shares on Tuesday, according to a same-day filing with the Singapore Exchange.
The issuance lifts the medical and agrifood tech company's total shares to about 1.57 billion.
Based on the subscription terms, the shares carried a value of SG$3.49 million or about SG$0.03 apiece.
The new shares are expected to be listed on or around Sept. 10.