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Low Keng Huat controlling shareholders launch delisting offer at S$0.72 a share
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Low Keng Huat's controlling shareholders have launched a voluntary offer to delist the company at S$0.72 per share, a 17.1% premium over the last price. The offer, through Consistent Record Pte Ltd, requires 90% acceptance of voting rights. The company aims to save on compliance costs and manage business flexibility amid challenging conditions. The formal offer document will be sent to shareholders within 14-21 days from Nov 28, 2025.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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