LHN Limited and Coliwoo Holdings Complete Disposal of 80% Stake in Coliwoo PP Pte. Ltd.
LHN Limited and Coliwoo Holdings Announce Completion of 80% Stake Disposal in Coliwoo PP Pte. Ltd.
Key Points of the Announcement
- Disposal Completion: LHN Limited, together with its subsidiary Coliwoo Holdings Limited, has completed the sale of its entire 80% equity interest in Coliwoo PP Pte. Ltd. (now known as Sky Bow Properties Pte. Ltd.) as of 12 January 2026.
- Ceased Subsidiary Status: Following the transaction, Coliwoo PP Pte. Ltd. (CWPPPL) is no longer a subsidiary of LHN Limited and Coliwoo Holdings Limited.
- Regulatory Fulfilment: All conditions precedent outlined in the Share Sale and Purchase Agreement have been fulfilled, leading to the completion of the disposal.
- Public Announcement: The announcement was made on the Singapore Exchange Securities Trading Limited (SGX-ST) on 12 January 2026 by both LHN Limited and Coliwoo Holdings Limited.
Details for Shareholders and Potential Price-Sensitive Impacts
- Strategic Implications: The divestment of an 80% stake in CWPPPL (now Sky Bow Properties Pte. Ltd.) signifies a major change in the Group’s asset portfolio. Investors should note that this transaction will result in the removal of CWPPPL from the consolidated financial statements of both LHN Limited and Coliwoo Holdings Limited.
- Potential Impact on Financials: As a result of the disposal, future revenue and profit contributions from CWPPPL will no longer benefit the Group. Depending on the size and profitability of CWPPPL, this could have a material effect on the Group’s future financial performance.
- Share Value Consideration: The completion of this disposal may influence share price movement due to the potential impact on earnings and overall business strategy. Such corporate actions are often closely watched by investors for signals on future direction and capital allocation.
- Disclosure and Transparency: The transaction and its completion have been duly disclosed to the market, ensuring that all investors have access to this potentially price-sensitive information.
Background and Timeline
- LHN Limited and its subsidiaries previously announced the proposed disposal on 30 September 2025 and 18 December 2025.
- The disposal was officially completed on 12 January 2026 after all conditions set out in the Share Sale and Purchase Agreement were satisfied.
- For further reference, detailed announcements were made available via SGX-ST, and supporting documents were attached to the disclosure.
Leadership Commentary
Both announcements were signed by Lim Lung Tieng, Executive Chairman and Executive Director of LHN Limited and Executive Chairman and Chief Executive Officer of Coliwoo Holdings Limited, signifying the importance of this transaction at the highest level of corporate governance.
Investor Takeaways
- The divestment may signal a strategic shift in focus or capital allocation for LHN Limited and Coliwoo Holdings Limited.
- Shareholders should monitor subsequent disclosures for details on the financial impact of the disposal, such as gains or losses on sale and the redeployment of proceeds.
- This announcement contains information that could be price-sensitive, and investors are advised to consider the implications for future earnings and growth prospects.
Disclaimer
This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors are advised to conduct their own due diligence and consult professional advisors before making investment decisions. The information herein is based on publicly available announcements and may be subject to change or further updates.
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