Low Keng Huat buyout offer garners 96.88% acceptances
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Low Keng Huat (Singapore) Limited's managing director, Marco Low, has increased his stake in the company to 96.88% after a voluntary general offer closed. His deemed interest rose to approximately 715.79 million shares from 400.25 million shares, following the acquisition of 315.54 million shares at $0.78 each. The offer, made by Consistent Record Pte. Ltd. and facilitated by UOB Kay Hian Private Limited, became unconditional on February 5, 2026, and closed on February 13, 2026. The offeror now owns 715,788,591 shares, representing 96.88% of the total issued shares.
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