Low Keng Huat

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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

The offeror intends to delist the company to save on compliance costs and gain greater flexibility to manage the business amid a challenging macro and operating environment.

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

Low Keng Huat’s net asset value as at Jul 31 was S$0.79 per share, or 9.7% above the offer price.
HOCK LOCK SIEW

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

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

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

The revenue drop was mainly driven by the tail-end of the Klimt Cairnhill project.

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

Around 98% of buyers at River Green condo were Singaporeans and permanent residents, says developer Wing Tai.

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%

To date, 35 of Klimt Cairnhill's 138 units have been sold.

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.

Low Keng Huat sinks deeper into red in H2 with S$4.3m loss

Low Keng Huat sinks deeper into red in H2 with S$4.3m loss

MAINBOARD-LISTED builder Low Keng Huat (Singapore) sank deeper into the red in the fiscal second half from a year ago, its latest financials released on Thursday (March 31) showed.

Lendlease, SingPost, Paya Lebar Square to form pilot Business Improvement District

Lendlease, SingPost, Paya Lebar Square to form pilot Business Improvement District

A BUSINESS Improvement District (BID) in the Paya Lebar Central precinct involving Lendlease, Paya Lebar Square Pte Ltd and SingPost Investments will introduce diverse community spaces for residents a...

Low Keng Huat to sell Westgate Tower stake, buy 45% of Paya Lebar Square in shift to retail

Low Keng Huat to sell Westgate Tower stake, buy 45% of Paya Lebar Square in shift to retail

PROPERTY player Low Keng Huat has entered agreements to sell its interests in Westgate Tower for S$97.1 million, while buying the remaining 45 per cent of Paya Lebar Square that it does not already ow...