LHN Limited (SG:41O) has released an update.
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LHN Limited’s joint venture company has proceeded with the purchase of a property valued at S$26.5 million, with a 5% upfront payment already made. The remaining amount will be paid through bank loans and internal JV company resources, funded equally by shareholders. The acquisition is expected to significantly impact the company’s portfolio, with updates to follow for shareholders.
For further insights into SG:41O stock, check out TipRanks’ Stock Analysis page.