Group 1 - The company LHN (01730) announced that its subsidiary Coliwoo Holdings Pte. Ltd. (CHPL) and Globalpoint Far East Pte. Ltd. (GPFE) have entered into a non-binding term sheet with an independent third-party buyer for the sale of 100,000 ordinary shares of Coliwoo PP Pte. Ltd. (Coliwoo PP), representing 100% of its issued and paid-up shares, with a consideration based on a property value of SGD 43.9 million plus the adjusted net asset value of Coliwoo PP at the date of completion [1][2] - Upon completion of the proposed sale, Coliwoo PP will no longer be a subsidiary of the group, as it is currently 80% owned by CHPL and 20% owned by GPFE [2] - Coliwoo PP is registered in Singapore and primarily engaged in space optimization, currently managing and operating the property as Coliwoo Hotel Pasir Panjang, which is a co-living space [2] Group 2 - The buyer will facilitate and ensure that Coliwoo PP, as the owner, enters into a master lease agreement with CHPL and/or its subsidiaries as the tenant for the property located at 404 Pasir Panjang Road, Singapore 118741, as part of the proposed leaseback arrangement [1]
LHN(01730)出售Coliwoo PP的全部80%股权