The Business Times

lian beng

Companies & Markets

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.
Companies & Markets
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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.
Companies & Markets

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
Companies & Markets

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.
Companies & Markets

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.
Companies & Markets

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

Ong Pang Aik is chairman and managing director of Lian Beng.
Companies & Markets

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.
Companies & Markets

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.
Companies & Markets

Closing date for Lian Beng offer extended again to Jun 30

Offeror OSC Capital, the investment vehicle of the company’s controlling Ong family, is 51 per cent owned by Ong Pang Aik, who is also Lian Beng’s chairman.
Companies & Markets

Closing date for Lian Beng privatisation offer extended

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