Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Headquartered in Singapore, SooChow CSSD Capital Markets (Asia) is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including corporate finance, mergers and acquisitions advisory, equity capital markets, institutional equities sales and trading and equities research.

Research from SooChow CSSD Capital Markets (Asia)

SooChow CSSD Capital Markets (Asia)

Equity Bottom-Up

<ul><li>LHN announced the acquisition of freehold property at 298 River Valley Road with land area of 205.4sqm for S$9.1m including GST</li><li>Acquisition will be funded through its current cash balances as well as debt</li><li>LHN intends to operate the property as a co-living space, expanding its COLIWOO portfolio of co-living keys from its current c.870 rooms.</li></ul>

LHN announced the acquisition of freehold property at 298 River Valley Road with land area of 205.4sqm for S$9.1m including GSTAcquisition will be funded through its current cash balances as well as debtLHN intends to operate the property as a co-living space, expanding its COLIWOO portfolio of co-living keys from its current c.870 rooms.

SCCM | LHN SP - Acquires Freehold Property Along River Valley Road (BUY; TP SGD0.47/Share)

LHN Ltd

SCCM | LHN SP - Acquires Freehold Property Along River Valley Road (BUY; TP SGD0.47/Share)