Trendlines, Agriline to invest $6.1 million in portfolio companies

THE BUSINESS TIMES 

AGRILINE, the investment vehicle owned by a trust of which Trendlines’ controlling shareholder Vincent Tchenguiz is a discretionary beneficiary, plans to make a US$5 million investment into seven of Trendlines’ portfolio companies. Trendlines also plans to invest US$1.1 million in six of its portfolio companies, alongside Agriline, it said on Monday. Read the full article.

DEAL STREET ASIA

SGX Catalist-listed investment firm Trendlines Group announced that Agriline, the investment vehicle owned by a trust where the controlling shareholder of Trendlines is a beneficiary, is investing $5 million in its portfolio companies. Trendlines, an Israel- and Singapore-based agri-food and medical technologies investor, said it will also invest $1.1 million in six of its portfolio firms while Agriline is considering investments in seven companies. Read the full article (subscription).

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News of this announcement appeared in The Business Times and DealStreet Asia.