Low Keng Huat offeror lifts stake to 84.17% at $0.78

The $0.78 cash offer closes 5:30 pm on 13 Feb 2026 after a final price revision on 20 Jan.

Consistent Record Pte. Ltd. increased its stake in Low Keng Huat (Singapore) (LKHS) Limited to more than 84% as at 20 Jan., following additional market purchases and acceptances, according to a dealings disclosure filed by UOB Kay Hian.

UOB Kay Hian said the firm bought 921,900 shares on the SGX-ST on 20 Jan. at $0.78 per share, representing about 0.12% of LKHS’s issued share capital.

The purchase followed a final revision of the offer price to $0.78 cash per share, with the offer closing date extended to 5:30 pm on 13 Feb. 2026. The revision notification letter was dispatched on 20 Jan.

Immediately before the offer announcement on 28 Nov. 2025, the offeror held 400,245,345 shares, or 54.17%, whilst its concert parties held 160,938,752 shares, or 21.78%.

Between the offer announcement date and 6:00 pm on 20 Jan., the offeror acquired or agreed to acquire a further 15,393,800 shares, representing 2.08% of the company.

As at 6:00 pm on 20 Jan., valid acceptances amounted to 45,256,350 shares, or 6.13%, from shareholders other than concert parties, and 160,938,752 shares, or 21.78%, from concert parties.

Taking into account shares owned, controlled, or agreed to be acquired, including acceptances, the offeror and its concert parties held a total of 621,834,247 shares, equivalent to 84.17% of LKHS’s issued share capital.

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