An update from LHN Limited ( (SG:41O) ) is now available.
LHN Limited has announced the establishment of a joint venture with JV Partner A, aiming to engage further with JV Partner B for the acquisition and redevelopment of certain properties in Singapore. This transaction, deemed discloseable and connected under Hong Kong Listing Rules, does not require shareholders’ approval due to existing exemptions. The joint venture will focus on the redevelopment and sale of properties located on Lorong 22 Geylang, with LHN Group responsible for providing management and outsourcing services.
More about LHN Limited
LHN Limited, incorporated in Singapore, operates in the real estate industry focusing on property management and development. The company is involved in acquiring, redeveloping, marketing, and selling properties, primarily aiming at creating joint ventures for such activities.
YTD Price Performance: 6.00%
Average Trading Volume: 2,389,790
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$221.7M
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