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LHN Logistics lodges preliminary offer document

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Wong Pei Ting

Published Thu, Mar 31, 2022 · 09:50 PM

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Singapore

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.

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