LHN's Coliwoo gets SGX-ST listing eligibility amid strong performance

LHN Limited announced on September 10, 2025, that its subsidiary, Coliwoo Holdings, has received an Eligibility-to-List letter from the Singapore Exchange Securities Trading Limited (SGX-ST) for its shares to be admitted to the Official List of the Mainboard. This follows shareholder approval for the spin-off and separate listing, marking a strategic move to streamline operations and enhance shareholder value.

Concurrently, LHN reported strong operational performance for 3QFY2025. Its Space Optimisation business saw continued growth, with Coliwoo securing 2,960 rooms and maintaining high occupancy rates exceeding 90% across industrial, commercial, and co-living spaces as of June 30, 2025. The company also secured 17 new and renewed 9 facilities management contracts, expanded its energy segment with a new solar energy contract, and added 844 parking lots to its car park management portfolio.

In a separate development, LHN shareholders approved the proposed voluntary delisting of its shares from the Hong Kong Stock Exchange (HKEX), with the delisting expected to take effect on November 4, 2025. The Group also completed the sale of a subsidiary owning 115 Geylang Road for S$25.8 million, further improving its cash flow.