General Announcement::SGX welcomes LHN Limited to Catalist

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Apr-2015 09:20:17
Status
New
Announcement Sub Title
SGX welcomes LHN Limited to Catalist
Announcement Reference
SG150413OTHRJ9YH
Submitted By (Co./ Ind. Name)
Patricia Choo
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed LHN Limited to Catalist, under the stock code of "41O" .

LHN Limited is a real estate management services group which generates value for its landlords and tenants through its expertise in space optimisation. It also provides facilities management and logistics services.

Kelvin Lim, Executive Chairman and Group Managing Director of LHN Limited, said, "We are heartened by the positive response from investors during our IPO, we believe this underscores the Group s strong business fundamentals and compelling investment merits. We believe that our listing on the Catalist of SGX-ST will enhance the public image of our Group locally and overseas, and open up more business opportunities. With our listing, we are now in an even stronger position to drive the expansion of our core business in the ASEAN region, and aid LHN Limited as we embark on the next stage of growth."

Mohamed Nasser Ismail, Head of SME Development & Listings, SGX, said, "We are pleased to welcome another home-grown company, LHN Limited, to SGX. With a track record of offering a well-diversified portfolio of quality properties for rent in accessible locations and at competitive rates, LHN is well placed to ride the growth in the real estate sector. We look forward to further partnering the company in its growth ambitions."

The listing of LHN Limited brings the total number of SGX-listed companies on Catalist to 155, with a combined market capitalisation of S$10 billion. With the addition of LHN Limited, there will be 49 real estate companies on SGX, with a combined market capitalization of S$110 billion.

Shares in LHN Limited opened at S$0.255 today, up 11%.

Attachments

20150413 SGX_welcomes_LHN_Limited_to_Catalist.pdf
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