LHN plans to spin off logistics business for separate Calist listing

The Edge Singapore
The Edge Singapore 11/24/2021 08:18 PM GMT+08  • 1 min read
LHN plans to spin off logistics business for separate Calist listing
LHN plans sell at least 5% but not more than 25% of its interest in LHN Logistics.
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LHN, listed on both Hong Kong and Singapore, plans to spin off its logistics business for its separate Catalist listing.

LHN explains that its business is now organised into three different areas: space optimisation business; facilities management and logistics, which will be structured as LHN Logistics.

LHN plans sell at least 5% but not more than 25% of its interest in LHN Logistics.

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