LHN Logistics launches IPO at 20 cents each to raise $3.6 mil

The Edge Singapore
The Edge Singapore4/19/2022 09:42 PM GMT+08  • 1 min read
LHN Logistics launches IPO at 20 cents each to raise $3.6 mil
Based on the IPO price, LHN Logistics is likely to have a market cap of around $33.5 million.
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LHN Logistics has launched an all-placement IPO to raise gross proceeds of $5 million by issuing just over 25.2 million new shares at 20 cents each.

After deducting listing expenses, the net proceeds will be around $3.6 million.

Based on the IPO price, LHN Logistics is likely to have a market cap of around $33.5 million.

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