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LHN Logistics
Company in the news
LHN Logistics to be delisted after 99.1% acceptance
Milkyway Chemical made a general offer for LHN Logistics at 22.66 cents each on June 4.
September 27, 2023
Broker's Calls
Maybank keeps 'buy' call on LHN, which is 'firing on all cylinders'
The analysts' target price of 54 cents is based on 8x forward earnings
September 27, 2023
Offer
LHN Logistics loses free float; trading in shares to be suspended
LHN Logistics’ shareholders who have yet to accept the offer from Milkyway will now be able to do so till 5.30pm on Sept 27.
August 22, 2023
Offer
Milkyway Chemical makes firm offer of 22.66 cents per share for LHN Logistics; offer price said to be final
Shares in LHN Logistics closed flat at 22.5 cents on Aug 2.
August 02, 2023
Offer
LHN Limited’s shareholders give green light for potential disposal of LHN Logistics
Shares in LHN and LHN Logistics closed at 38.5 cents and 22.5 cents respectively on July 31.
August 01, 2023
Offer
One of two pre-conditions satisfied for Milkyway Chemical’s offer for LHN Logistics
LHN Limited will be holding its EGM at 9.30am today to seek approval from its shareholders.
July 31, 2023
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.
June 12, 2023
Broker's Calls
CGS-CIMB downgrades LHN Logistics to 'hold' after offer from Milkyway International
Analyst Kenneth Tan is recommending investors to accept the offer once the formal notice comes through.
June 06, 2023
M&A
China's Milkyway Chemical makes 22.66 cents GO for LHN Logistics
LHN Logistics was listed last April at 20 cents
June 04, 2023
Company in the news
LHN confident about outlook as it rides co-living boom
LHN is in an expansion mode and is upbeat on the co-living sector.
May 11, 2023