LHN obtains in-principle approval to transfer to SGX Mainboard
The approval is subject to compliance with several requirements.
LHN Limited has received the approval in principle (AIP) from the Singapore Exchange-Singapore Exchange Securities Trading Limited (SGX-ST) to transfer from the Catalist to the Mainboard.
In a bourse filing, LHN Limited said its AIP is subject to compliance with SGX-ST" 's listing requirements, amongst others.
It also has to obtain approval from shareholders and submit a written undertaking from each of its directors in the form set out in Appendix 7.7 of the Mainboard Rules.
LHN Limited will seek approval from its shareholders at an extraordinary general meeting.