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LHN Limited Announces Disposal of 100% Equity in Target Company

Story Highlights
  • LHN Limited is a Singapore-based real estate company listed in Hong Kong and Singapore.
  • The company announced the disposal of its 100% equity interest in a target company, impacting its financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LHN Limited Announces Disposal of 100% Equity in Target Company

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LHN Limited ( (SG:41O) ) just unveiled an update.

LHN Limited announced the disposal of its 100% equity interest in a target company, which is expected to impact its financial position as of September 30, 2024. The unaudited pro forma financial information illustrates potential changes in the company’s assets and liabilities due to this transaction, although it is hypothetical and may not represent the actual future financial state. This disposal is part of LHN Limited’s strategic moves to optimize its portfolio, potentially affecting stakeholders by altering the company’s financial metrics and market positioning.

More about LHN Limited

LHN Limited is a company incorporated in the Republic of Singapore, with its stocks listed on both the Hong Kong and Singapore stock exchanges. The company operates in the real estate sector, focusing on property management, space optimization, and facilities management.

Find detailed analytics on 41O stock on TipRanks’ Stock Analysis page.

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