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LHN
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
April 20, 2022
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.
April 19, 2022
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.
December 23, 2021
IPO
LHN plans to spin off logistics business for separate Catalist listing
LHN plans sell at least 5% but not more than 25% of its interest in LHN Logistics.
November 24, 2021
Broker's Calls
KGI starts LHN at 'outperform', target price of 49 cents
LHN's four new residential properties are expected to provide "solid revenue contribution" in FY22.
September 29, 2021
M&A
LHN Group acquires Tuas South industrial property for $21 mil
The property comprises an industrial building, factories, and a workers' dormitory.
July 15, 2021
Property
LHN acquires Beach Road properties for $16.8 mil
The properties encompass residential flat units which LHN will convert to its headquarters as well as co-living space.
April 13, 2021
Results
LHN swings back to profitability with 1Q earnings of $0.8 mil
SINGAPORE (Feb 12): Real estate management services group LHN has announced earnings of $0.8 million for the 1Q19 ended December, climbing out of the red from a net loss of $1.0 million a year ago.
February 12, 2019
Acromec and LHN raise FY17 results warnings
SINGAPORE (Nov 23): Two companies issued profit warnings on Wednesday night.
November 23, 2017
Stocks To Watch
GLP, Boustead Projects, TTJ, Tung Lok, LHN, Keppel T&T
SINGAPORE (May 23): Here are some stocks to watch this Tuesday morning:
May 23, 2017