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The sell-down on LHN should not have happened, and here’s why
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Established by founder Kelvin Lim some 30 years ago, LHN is a formidable force in the realm of real estate.
PHOTO: LHN GROUP
SINGAPORE – It has often been asked what ails the Singapore stock market, where persistent low liquidity remains amid an overdose of pessimism and negativism.
Perhaps the biggest determinant of the local bourse’s ills is a lack of sophistication and finesse on the part of investors, with the market’s reaction to LHN’s earnings caution on Tuesday evening being a case in point.
