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LHN Limited ( (SG:41O) ) just unveiled an announcement.
LHN Limited announced the sale of its entire stake in the property located at 115 Geylang Road, Singapore, through its subsidiary Coliwoo Holdings Pte. Ltd., to CWL Properties Pte. Ltd. for S$25.8 million. This strategic divestment is expected to enhance the company’s cash flow and provide additional working capital, aligning with its plan to streamline operations and optimize resource allocation.
More about LHN Limited
LHN Limited is a company incorporated in the Republic of Singapore, operating within the real estate industry. It focuses on property management and development, offering services and managing assets across Singapore and Hong Kong.
For a thorough assessment of 41O stock, go to TipRanks’ Stock Analysis page.