LHN unit clinches contract to operate 2 lodging facilities of MOH Holdings
The facility will start operations in 2H24.
Chua Eng Chong Holdings, an indirect wholly-owned subsidiary of LHN Limited, has inked a contract with MOH Holdings to design, retrofit and operate two of the latter’s lodging facilities.
The contract will not have any material financial impact on the consolidated net tangible asset per share and the consolidated earnings per share of LHN Limited for the financial year ending 30 September 2024.
MOH Holdings is the holding company of Singapore’s public healthcare clusters – National University Health System, National Healthcare Group and Singapore Health Services.
The two facilities will provide accommodation for about 700 healthcare professionals.
The lodging facilities, located at 100 Ulu Pandan Road and 60 Boundary Close, will start operations in 2H24.