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;))
Recent news on Trendlines
See all newsIsrael's Trendlines Group swings to half-year pretax profit
Brief: Trendlines Says Nice Surgical Awarded U.S. Patent For Purse-String Stapler
Brief: Trendlines Group Says Elastimed Enters Strategic U.S. Distribution Agreement
Brief: Trendlines Updates On Israel Situation
Brief: Trendlines Group Proposes Placement Of Up To 83.7 Mln New Shares