LHN Group

Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance - THE EDGE SINGAPORE

Broker's Calls

Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance

The sectors to look out for are consumer, commodity, healthcare tourism, plantation and marine-related.

M&A

LHN Group expects to make $21 mil upon the disposal of LHN Logistics

LHN Group says the proposed transaction is considered to be beneficial to it and its shareholders for a few reasons.

Results

LHN guides for lower NPAT for 1HFY2023 of around $19 mil, down 47.1% y-o-y

Shares in LHN closed 2 cents higher or 7.69% up at 28 cents on May 4.

Company in the news

LHN launches largest co-living residence in Orchard under Coliwoo brand

LHN Group has launched another Coliwoo in Orchard.

Results

LHN Logistics reports loss of $4.3 mil for FY2022

A final dividend of 0.6 cents has been declared for the period.

Property

LHN subsidiary leases industrial property in Tampines; tenancy to be recognised as right-of-use asset for $53.1 mil

The tenancy will last for three years and 11 months commencing on Oct 13 and expiring on Sept 12, 2026.

Property

LHN Group enters into option to purchase of property in Arab Street for $6.4 mil

The property has a total land area of 122.9 sqm (1322.88 sq ft) and a remaining lease of 29 years.

M&A

LHN Group acquires Pasir Panjang property for $30 mil

LHN is acquiring a property in Pasir Panjang for $30 mil to expand its co-living portfolio.
LHN Group acquires Tuas South industrial property for $21 mil - THE EDGE SINGAPORE

M&A

LHN Group acquires Tuas South industrial property for $21 mil

The property comprises an industrial building, factories, and a workers' dormitory.
LHN to raise $2.2 mil through placement of up to 6.5 mil shares in Singapore - THE EDGE SINGAPORE

Equity raising

LHN to raise $2.2 mil through placement of up to 6.5 mil shares in Singapore

The placement shares will be issued at a price of 33.51 cents per share.
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