LHN raises S$17m in year's first SGX listing

Singapore

THE first local public float of the year has raised S$17 million through private placements, though the company gave no indication of how strong investor demand was.

Real estate management services firm LHN Limited, which offered 73.9 million shares at S$0.23 each, said in a statement on Thursday that its IPO was fully subscribed. It will be listed on the Catalist, the Singapore Exchange's junior board.