Stocks to watch: LHN, Golden Energy and Resources, Singapore Medical Group

THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 29):

LHN : Net profit for the real estate management services provider rose 2.9 per cent to S$13.6 million for the six months ended Sep 30. This was despite a 6.9 per cent fall in revenue, as the group’s earnings were held up by better profitability from the residential co-living properties business. LHN shares ended flat at S$0.305 on Monday, before the results were announced.

Golden Energy and Resources : All conditions pertaining to the group’s notes exchange transaction have been fulfilled, with the new notes expected to be listed on the Singapore Exchange on Nov 29. In a regulatory filing on Monday, the group added that it has exchanged all its existing notes for new notes of the same value due 2027. The counter ended flat at S$0.77, before the news.