LHN to delist from Hong Kong Stock Exchange

It cited low investor interest and high compliance costs as key reasons.

LHN Limited has announced plans to voluntarily delist from the Hong Kong Stock Exchange (HKEX), following unanimous approval by its board of directors on 30 June 2025.

The company cited low investor interest and high compliance costs as key reasons. Over the past year, average daily trading volume on HKEX fell to just 64,366 shares—only 0.02% of LHN’s total trading activity across both HKEX and SGX-ST.

LHN said the secondary listing in Hong Kong has failed to attract meaningful liquidity or provide fundraising opportunities, while continuing to incur significant regulatory and operational costs.

After the delisting, LHN will maintain its primary listing on the Singapore Exchange (SGX-ST). Shareholders holding shares on HKEX can either retain them (though they will no longer be tradeable on HKEX) or deposit them with the Central Depository (CDP) for trading on SGX-ST.

The proposed delisting is subject to shareholder approval at an upcoming Extraordinary General Meeting (EGM) and approval by HKEX’s Listing Committee.

LHN stated the move will not affect its net asset value, earnings per share, or business operations. Instead, it expects the delisting to bring cost savings and improve operational efficiency.