LHN Limited announced that its subsidiary, Coliwoo Holdings, has registered its final prospectus with the Monetary Authority of Singapore in relation to a proposed spin-off and separate listing on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST).
According to the announcement, the launch and completion of the proposed listing depend on prevailing market conditions. The company noted that there is no assurance the proposed listing will occur as described in the final prospectus. LHN Limited also stated it will provide further updates when appropriate.
Shareholders and potential investors were reminded to exercise caution when dealing in LHN Limited’s securities and to consider seeking professional advice if in doubt about possible future actions.