LHN (SGX:41O, HKG:1730) plans to spin off its co-living unit Coliwoo and separately list it on the SGX mainboard, according to a Tuesday filing on the Singapore Exchange.
The group has submitted a spin-off application to the Hong Kong exchange and secured SGX's conditional concurrence. Maybank Securities is advising on the deal.
LHN will retain majority control of Coliwoo if the listing proceeds.
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