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LHN Limited ( (SG:41O) ) just unveiled an announcement.
LHN Limited has announced an Extraordinary General Meeting (EGM) to discuss and vote on two inter-conditional resolutions: the Proposed Spin-Off and Listing, and the Proposed Dilution. The approval of these resolutions would allow the company to proceed with the spin-off and listing of its subsidiary, Coliwoo Holdings Pte. Ltd., on the SGX-ST Mainboard, resulting in a significant reduction of LHN’s equity interest in the subsidiary. This strategic move is expected to impact the company’s operations and market positioning by potentially unlocking value and providing growth opportunities.
More about LHN Limited
LHN Limited is a company incorporated in the Republic of Singapore with limited liability. It is listed on both the Hong Kong and Singapore stock exchanges, operating in the real estate industry with a focus on property management and space optimization services.
For a thorough assessment of 41O stock, go to TipRanks’ Stock Analysis page.