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Trendlines to sell entire 6% stake in MitrAssist Medical for US$1.15 mil

Samantha Chiew Published on Wed, Aug 30, 2017 / 3:24 PM GMT+8

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SINGAPORE (Aug 30): A subsidiary of Trendlines Group is disposing its entire 6% stake in MitrAssist Medical for a consideration of US$1.15 million ($1.55 million).

Wholly owned subsidiary Trendlines Incubators Israel is selling the stake in MitrAssist Medical to Wai Tech (Hong Kong).

Trendlines Incubators Israel currently holds 328,156 MitrAssist shares as well as options to purchase another 45,637 shares.

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