lhn limited
Fair value losses drag LHN H2 net profit down 82.7% to S$5.9 million
The board has proposed a special dividend of S$0.02 for FY2025
Stocks to watch: Singtel, LHN, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 19):
Coliwoo expects stronger core profit despite lower net profit before tax for FY2025
Lower net profit is attributed to absence of net fair value gain on investment properties in the financial year ended Sep 30
LHN’s co-living unit Coliwoo to offer 80.3 million shares at S$0.60 apiece in mainboard listing
The offering comprises a placement of 75 million placement shares to investors in Singapore and outside the United States as well as a public offer of 5.3 million public offer shares in Singapore.
Oxley’s Chings, LHN, KSH, Soon Hock form joint venture for S$351 million industrial property
The Thomson Gem JV will buy NTUC Fairprice Co-operative’s 680 Upper Thomson Road freehold site
Transforming space, building sustainable value
LHN executive chairman Kelvin Lim has reinvented the family business, steering it from industrial leasing to real estate innovation
Shares of LHN surge 7% after co-living unit lodges SGX listing prospectus
The property portfolio of Coliwoo comprises 25 properties in ‘high-demand locations’ across Singapore
LHN’s co-living unit Coliwoo files preliminary document for IPO on SGX mainboard
Proceeds will be primarily used for expansion, growth and asset enhancement through the leasing and owning properties in existing and new markets
Coliwoo eyes 10,000 rooms by 2030 as it gears up for SGX listing
The co-living space’s popularity has significantly contributed to its parent LHN’s net profit of S$14.1 million for the first half of FY2025 and was the primary revenue driver for the group in FY2024
LHN jumps 8.6%, closes at record high on SGX approval of proposed Coliwoo listing
The counter ends the day at S$1.01, its highest price since its April 2015 listing
