LHN Limited (SG:41O) has released an update.
LHN Limited has announced the establishment of a new joint venture through its subsidiary Coliwoo Holdings, with the objective of acquiring a key property located at 50 Armenian Street, Singapore. The transaction is significant enough to be classified as discloseable under Hong Kong’s Listing Rules, requiring public notification, yet it does not necessitate shareholder approval. This strategic move is expected to create value for the company and its investors by expanding its property portfolio.
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