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LHN’s Coliwoo spin-off unlocks value, while self-storage segment adds upside: UOBKH

Samantha Chiew
Samantha Chiew • 3 min read
LHN’s Coliwoo spin-off unlocks value, while self-storage segment adds upside: UOBKH
After the listing, LHN is expected to hold approximately 70% of Coliwoo, retaining majority exposure to its growth. Photo: Coliwoo
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UOB Kay Hian is maintaining is “buy” call with a higher target price of $1.12, on the back of the group intending to spin-off list its co-living business Coliwoo, while its self-storage business sees growth.

On Sept 9, LHN, along with its 3QFY2025 ended June 30 business update, announced that it has received approval from the Singapore Exchange to list Coliwoo.

See more: LHN to spin-off and list co-living business; posts growth in 3QFY2025 update

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