LHN(01730): The purchase option for property acquisition by Joint Venture B has been revoked.

LHN (01730) announces the establishment of a joint venture regarding a notice for February 14, 2025. On October 28, 2025, Joint Venture Company A, Joint Venture Company B, Joint Venture Partner B, the seller of the property, and THK signed a deed. All parties agreed to immediately revoke the purchase option of the property that had been granted to Joint Venture Company B by the seller of the property (the revocation). This revocation is due to a court order from the Republic of Singapore prohibiting the seller of the property and THK from disposing of or dealing with the property due to a family dispute. After the revocation, the 1.74 million Singapore dollars paid by Joint Venture Company A on behalf of Joint Venture Company B to the seller of the property will be fully refunded 6 months after the signing of the deed. None of the parties will make any claims or demands against each other for any losses, expenses, compensation, or other matters related to the purchase option. Therefore, the purchase of the property will no longer proceed.