
Israel-Palestine conflict will have no ‘significant impact’ on operations: Trendlines Group
The investment company said its operations are ‘well-distant’ from military activities in Israel.
Israel and Singapore-based investment company Trendlines Group said the ongoing conflict between Palestine and Israel will not significantly affect its operations.
Trendline also believes that the conflict will only have a “limited impact” on the operations of some of its portfolio companies.
The company, however, said that whilst its operations are well distant from military activities in the South, the impact of the conflict has “ramifications for the whole of the Trendlines family, including staff being called up for army duty.”
In response, the company vowed to ensure the well-being of its staff and monitor the situation.
“Sadly, Israelis are well experienced in dealing with emergencies and responding quickly to contain terrorist damage. First and foremost, we are doing all we can to help our staff, companies, and all in need,” Chair and CEO Todd Dollinger commented.