LHN Limited announced on Jan, 23 2026 that it has released written responses to substantial questions submitted by shareholders in advance of its annual general meeting scheduled for Jan, 30 2026.

The board addressed queries about the pronounced year-on-year swings in fair value adjustments of the group’s predominantly Singapore-based investment properties. Management said gains were mainly driven by asset enhancement initiatives and higher occupancy, while losses arose from the absence of such upgrades and valuation impacts from shorter lease tenures.

Looking forward, the company cautioned that fair value adjustments may continue to fluctuate, influenced by factors such as capitalisation rates, long-term rental growth and market transaction data.

LHN Limited also outlined its oversight process for property valuations, noting that external independent valuers are engaged each reporting period. The Audit and Risk Committee reviews all valuation changes, and the external auditor tests the competency of valuers, verifies underlying lease information and assesses key inputs against market benchmarks to ensure consistency and objectivity.