LHN Logistics lodges preliminary offer document
Add BT as a preferred sourceSingapore
LHN Logistics lodged its preliminary offer document late Wednesday (Mar 30) as its parent company, property player LHN, seeks its spin-off and listing on the Catalist board of the Singapore Exchange (SGX).
The document states that part of the gross proceeds raised from the placement will go towards the logistics-services group's plans to increase its scale of operations by growing its transportation fleet.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully
