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LKH majority shareholders offer 72 cents a share to delist company

The Straits Times

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December 02, 2025

Shares closed 16.3%, or 10 cents, higher at 71.5 cents on Dec I, in response to the offer

The majority shareholders of Low Keng Huat (Singapore) (LKH) have launched a voluntary conditional general offer to take the main-board-listed construction and property developer private at 72 cents per share.

The offer is being made through a special purpose vehicle, Consistent Record, which is effectively controlled by managing director Marco Low Peng Kiat and his family.

The cash offer price of 72 cents per share represents a premium of 17.1 per cent over the last transacted price of 61.5 cents on Nov 28, the last full trading day prior to the announcement.

The Straits Times'den DAHA FAZLA HİKAYE

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