Low Keng Huat

Managing director Marco Low and his family are taking the company private at S$0.78 per share

Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price

The counter climbs S$0.035 to S$0.775 as at the mid-day trading break

Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price

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 cash offer price represents a premium of 17.1% over the last transacted price of S$0.615 per share

The property developer’s half-year revenue tumbles 85% to S$38.7 million, from S$257.9 million the previous year

Promenade Peak moves 54% of units, while Canberra Crescent Residences sells 40%

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.