Singapore Stocks to Watch: LHN, Golden Energy and Resources, Singapore Medical Group

Tiger Newspress2022-11-29

THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 29):

LHN Group on Monday (Nov 28) posted a 2.9 per cent rise in net profit to S$13.6 million for the six months ended Sep 30, despite a 6.9 per cent fall in revenue.

The group, which has businesses in space optimisation, facilities management and logistics, saw its revenue slip to S$52.6 million following lower demand in the dormitory management business.

GOLDEN Energy and Resources on Monday (Nov 28) announced that all conditions pertaining to its notes exchange transaction have been fulfilled, and the new notes are expected to be listed on the Singapore Exchange on Nov 29.

In a regulatory filing, the company added that it has exchanged all its existing notes – its outstanding 8.5 per cent senior secured notes due 2026 – for new notes of the same value due 2027.

TLW Success’ offer to take Singapore Medical Group (SMG) private has turned unconditional. TLW Success is an investment vehicle owned by top Singapore Medical Group (SMG) executives.

The total shares TLW Success and its concert parties owned, controlled or agreed to acquire, and the valid acceptances of the S$0.40 per share offer, crossed the 90 per cent threshold on Monday (Nov 28).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

来人
2022-11-29
来人
Ok
AnT
2022-11-29
AnT
Ok
- AnT:
  ok
一支升GoGo
2022-11-29
一支升GoGo
👍
Stormytw
2022-11-29
Stormytw
Hehe
- ACECHUA:
  Ok
- SimonChan:
  👍🏻
- Thomas9413:
  Ok
Art77
2022-11-29
Art77
👍
- Kristo:
  ok

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