LHN shareholders approve co-living business spin-off to SGX-ST

LHN Limited announced the successful passing of all ordinary resolutions at its extraordinary general meeting (EGM) held on September 9, 2025. Shareholders approved the proposed spin-off of the company's co-living business via a listing on the SGX-ST Mainboard. This approval is conditional upon the completion of a proposed de-listing, unless otherwise agreed by SEHK.

The resolution to approve the proposed spin-off garnered significant support, with 252,520,049 votes (99.99%) in favor, against only 16,286 votes (0.01%). Similarly, the resolution to approve the proposed dilution also passed with 252,516,904 votes (99.99%) in favor, with 16,286 votes (0.01%) against. All directors of LHN Limited were physically present at the EGM.

As of the EGM date, the total number of shares in issue for LHN Limited stood at 427,407,742, representing the total voting entitlement. Reliance 3P Advisory Pte. Ltd. served as the independent scrutineer for the polling process.