Continue reading this on our app for a better experience

Open in App
Home News Contracts

LHN subsidiary enters into lodging facility contract with MOH Holdings

Bryan Wu
Bryan Wu • 1 min read
LHN subsidiary enters into lodging facility contract with MOH Holdings
The contract is for the design, retrofit and operation of two designated lodging facilities for healthcare professionals. Photo: Samuel Isaac Chua/The Edge Singapore
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Chua Eng Chong Holdings, an indirect wholly-owned subsidiary of LHN Group 41O -

, has entered into a lodging facility contract with MOH Holdings.

On Jan 25, the company announced the contract for the design, retrofit and operation of two designated lodging facilities for healthcare professionals located at 100 Ulu Pandan Road and 60 Boundary Close.

MOH Holdings is the holding company of Singapore’s public healthcare clusters — National University Health System, National Healthcare Group and Singapore Health Services.

The two lodging facilities are scheduled to start operations in the second half of 2024 and will provide accommodation for approximately 700 healthcare professionals.

The contract is not expected to have any material financial impact on the consolidated net tangible assets (NTA) per share or the consolidated earnings per share (EPS) of the group for the FY2024 ending Sept 30.

Shares in LHN closed 0.5 cents higher or 1.45% up at 35 cents on Jan 25.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.