LHN Limited - Maybank Research 2024-09-05: Operations On Track

• We attended LHN (SGX:41O)’s briefing yesterday following the release of its 3Q24 business update on 21 Aug 2024.
• - Read this at SGinvestors.io -
• Two Coliwoo assets leased to the Ministry of Health and Holdings (MOHH) are expected to start contributing from Sep’24 onwards.

Key takeaways of core business

• LHN will launch 268 & 288 River Valley and two assets leased to the MOHH in 4Q24. Projects in the pipeline in FY25 include Arab street (1H25) and the GSM building (3Q25). Overall, LHN expects total number of keys to exceed 3,000 (+8%) by 2Q25.
• - Read this at SGinvestors.io -

Increasing renewable capacity

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-03-06 LHN - Executing Its Expansion Plans.

Previous report by Maybank:
2024-12-02 LHN - Core Earnings A Beat; Make Yourself At Home.

Price targets by other brokers at LHN Target Prices.

Listing of research reports at LHN Analyst Reports.

Relevant links:
LHN Share Price History,
LHN Announcements,
LHN Dividend Payout Dates & Corporate Actions,
LHN News