lian beng

SINGAPORE PROPERTY

Lian Beng Group’s Ong family members pick up two bungalows in Belmont Road for S$60 million

SLB's last day of trading on the bourse will fall on or around Jun 12, followed by books closure at 5 pm on Jun 17.

SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family

After the market closed on Jan 24, Lian Beng announced that its board of directors has proposed to acquire and privatise SLB Development via a scheme of arrangement.
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SLB Development jumps 33% after S$0.23-per-share privatisation offer from Lian Beng’s Ong family

Ong Pang Aik, chairman of Lian Beng Group owns 51 per cent of shares in OSC Capital, Lian Beng's sole shareholder.

Lian Beng’s Ong family offers to privatise SLB Development at S$0.23 per share

Lian Beng clarifies pay of key execs is based on overall group performance

Lian Beng clarifies pay of key execs is based on overall group performance

Lian Beng will be delisted from the Singapore Exchange at a date and time to be announced by the company.

Lian Beng’s controlling family exercises right of compulsory acquisition

SLB Development made the news in 2020 with its purchase of Thye Hong Centre along Leng Kee Road. Lian Beng said the move by SLB was aimed at replenishing is land bank.

Lian Beng warns of lower FY2023 profits on unit’s expected losses

Ong Pang Aik is chairman and managing director of Lian Beng; Lian Beng’s controlling Ong family, through investment holding company OSC Capital, has in April made a voluntary unconditional cash offer to buy out minority shareholders.

Lian Beng loses free float, trading to be suspended at close of privatisation offer on Jul 7

 Lian Beng has one more week to gather enough acceptances to cross the 90 per cent threshold and compulsorily acquire the remaining shares in the company and take it private.

Closing date for Lian Beng offer extended to Jul 7

Ong Pang Aik, chairman and managing director of Lian Beng. The offer to take the company private is now extended to Jun 30.

Closing date for Lian Beng offer extended again to Jun 30