LHN

SGX Research Series: 10 in 10

LHN is creating sustainable spaces

At LHN, we champion sustainability’s pivotal role
LHN applies to transfer listing from Catalist to Mainboard - THE EDGE SINGAPORE

Company in the news

LHN applies to transfer listing from Catalist to Mainboard

LHN believes a Mainboard listing will give it a "perceived premium"

Property

LHN to buy 99 Rangoon Road for $14.5 million

The property is now owned by one Goh Lik Tuan

Broker's Calls

UOB Kay Hian rates LHN, co-living space leader, a "buy", with 55 cents target price

Mo see LHN’s current valuation of 6x FY2024 PE and dividend yield of 6.3% as attractive
China's Milkyway Chemical makes 22.66 cents GO for LHN Logistics - THE EDGE SINGAPORE

M&A

China's Milkyway Chemical makes 22.66 cents GO for LHN Logistics

LHN Logistics was listed last April at 20 cents
LHN to buy GSM Building for $80 million to expand serviced residences offering - THE EDGE SINGAPORE

Property

LHN to buy GSM Building for $80 million to expand serviced residences offering

LHN says it intends to convert levels 3 to 6 of the building into serviced apartments

kopi-C: the Company brew

LHN: Optimising space for 'live-work-play' paradigms

Lim aims to build a $500 million company by end of this decade

IPO

LHN's logistics spin-off to raise $3.6 mil

LHN Logistics' IPO is priced at 10.1x historical earnings, while LHN trades at 5x earnings
LHN Logistics launches IPO at 20 cents each to raise $3.6 mil - THE EDGE SINGAPORE

IPO

LHN Logistics launches IPO at 20 cents each to raise $3.6 mil

Based on the IPO price, LHN Logistics is likely to have a market cap of around $33.5 million.
KGI trims target price for LHN to 44 cents on lower EPS - THE EDGE SINGAPORE

Broker's Calls

KGI trims target price for LHN to 44 cents on lower forecasted EPS

This follows LHN’s FY2021 ended September results which missed KGI's expectations.
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