LHN Completes Disposal of Subsidiary; Shares Up Over 3%

MT Newswires
08/01

LHN (SGX:41O, HKG:1730) completed the disposal of a subsidiary, now known as Berly Properties, according to a Thursday filing with the Singapore Exchange.

Shares of the company were up over 3% in recent trading.

In an earlier filing, the company's subsidiary, Coliwoo Holdings, had entered into a share sale and purchase agreement with CWL Properties to dispose of its entire stake in the step-down subsidiary for SG$25.8 million.

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