<div id="readability-page-1"><div><p>[SINGAPORE] The offeror for  Low Keng Huat  (Singapore), or LKHS, stated a number of reasons for shareholders of the property group to consider accepting the S$0.72-per-share deal it put on the table after the market closed on Nov 28.</p><p>The most convincing of these might be the assertion that realising profits from the group’s property assets in the future “may be irregular, variable and much more time-consuming”. </p><p>Similar to other Singapore-listed real estate groups, LKHS’ revenue and earnings have been volatile over the years. Only a few weeks before the offer was made, the group reported a loss of S$10.2 million for the six months ended Jul 31, versus earnings of S$5.8 million for the same period the previous year, as its revenue sank 85 per cent to S$38.7 million.</p></div></div>

<p>Low Keng Huat (Singapore) shareholders are urged to consider a S$0.72-per-share offer due to potential irregular and time-consuming future profits from property assets. The company reported a S$10.2 million loss for the six months ended Jul 31, contrasting with a S$5.8 million profit the previous year, amid an 85% revenue drop.</p>

Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns