Brief: Trendlines Group Announces Strategic Transformation Plan & Business Update Presentation
21/11/2022 15:17
Nov 21 (Reuters) - Trendlines Group Ltd THET.SI :
* TRENDLINES ANNOUNCES STRATEGIC TRANSFORMATION PLAN AND
BUSINESS
UPDATE PRESENTATION
* REDUCTION OF 2023 OPERATING EXPENSES BUDGET BY
APPROXIMATELY
US$2 MILLION COMPARED TO 2021
* REORGANIZED ITS OPERATING ACTIVITIES, REDUCED STAFF, AND
SIGNIFICANTLY REDUCED EXPENSES
* ANNOUNCES SUSPENSION OF NEW CO INVESTMENT ACTIVITY
Source text for Eikon: ID:nSN4HKPQ4
Further company coverage: THET.SI
((Reuters.Briefs@thomsonreuters.com;))
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