Low Keng Huat
Offer for Low Keng Huat closes with 96.88% valid acceptances
The special-purpose vehicle will exercise its right to compulsorily acquire all remaining shares at the offer price of S$0.78 a share
Offer for Low Keng Huat turns unconditional with 95.5% of shares secured
Managing director Marco Low and his family are taking the company private at S$0.78 per share
Low Keng Huat privatisation imminent as offeror secures over 90% of shares
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price
Low Keng Huat shares jump 5.4% on increased privatisation offer price
The counter climbs S$0.035 to S$0.775 as at the mid-day trading break
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price
Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns
Its shares have delivered a higher total return over the past 15 years than the STI as well as property groups such as CDL, Hongkong Land and UOL
Low Keng Huat controlling shareholders launch delisting offer at S$0.72 a share
The cash offer price represents a premium of 17.1% over the last transacted price of S$0.615 per share
Low Keng Huat sinks into the red with S$10.2 million net loss in H1
The property developer’s half-year revenue tumbles 85% to S$38.7 million, from S$257.9 million the previous year
Over 900 private homes sold at 3 new launches; River Green leads with 88% sold at S$3,130 psf on average
Promenade Peak moves 54% of units, while Canberra Crescent Residences sells 40%
China buyer picks up duplex penthouse at Klimt Cairnhill for S$27.5 million
THE duplex penthouse unit occupying the top two floors of the 36-storey Klimt Cairnhill luxury condominium is being sold for S$27.5 million.
