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LHN Limited ( (SG:41O) ) has provided an update.
LHN Limited announced the cessation of price stabilizing actions for its subsidiary, Coliwoo Holdings, following its successful spin-off and listing on the Mainboard of the Singapore Exchange Securities Trading Limited. The stabilizing manager, Maybank Securities, purchased a total of 16 million shares, fully covering the over-allotted shares, and will not exercise the over-allotment option, indicating a stable market response to the listing.
The most recent analyst rating on (SG:41O) stock is a Buy with a S$1.13 price target. To see the full list of analyst forecasts on LHN Limited stock, see the SG:41O Stock Forecast page.
More about LHN Limited
LHN Limited is a Singapore-based company involved in the real estate industry, focusing on the management and leasing of properties. The company has a market focus on co-living spaces, as evidenced by its subsidiary, Coliwoo Holdings, which specializes in this sector.
Average Trading Volume: 2,242,842
Technical Sentiment Signal: Buy
Current Market Cap: S$301.3M
For detailed information about 41O stock, go to TipRanks’ Stock Analysis page.