Catalist-listed LHN Group to move to mainboard on Dec 13
Yong Jun Yuan
DeeperDive is a beta AI feature. Refer to full articles for the facts.
REAL estate services provider LHN Group will transfer from the Catalist to the Singapore Exchange’s mainboard on Dec 13.
In a bourse filing on Thursday (Nov 23), the company said that trading in its shares will commence at 9 am that same day.
It added that the company’s appointment of Primepartners Corporate Finance as its continuing sponsor will cease on Dec 13.
The company had said in October that a listing on the mainboard would improve the company’s image locally and abroad. It also expressed hope that the move would give it access to a larger, more diverse investor market, and more fundraising opportunities.
LHN shares closed at S$0.34 on Thursday, before the announcement.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025