The deposit was funded through internal sources, while the group will fund the remaining balance by a combination of internal sources of funding and bank borrowings.
LHN Group announced that on Sept 16, its indirect wholly-owned subsidiary is acquiring a property located in Pasir Panjang for $30.0 million (excluding goods & services tax).
The group has placed a deposit of $1.5 million for this acquisition, with the remaining balance to be paid on the completion date.
