<div id="readability-page-1"><div>[SINGAPORE] The majority shareholders of Low Keng Huat (Singapore) (LKH) has launched a voluntary conditional general offer to take the mainboard-listed construction and property developer private at S$0.72 per share.The offer is being made through a special purpose vehicle, Consistent Record Pte Ltd, which is effectively controlled by managing director Marco Low Peng Kiat and his family. The cash offer price of S$0.72 represents a premium of 17.1 per cent over the last transacted price of S$0.615 on Nov 28, 2025, the last full trading day prior to the announcement. It also represents a premium of 45.2 per cent over the volume-weighted average price for the 24-month period up to the last trading date, the release read. The offer is conditional upon Low receiving acceptances that would result in it holding not less than 90 per cent of the total voting rights, excluding shares held by the offeror and its concert parties.As at the announcement date, Low has a deemed interest of about 54.13 per cent of the company’s total shares.The offer announcement said the company has no need for access to equity capital markets. LKH has not raised any funds from the Singapore equity capital markets since a rights issue in 2007.“The offeror is of the view that the company is unlikely to require access to the Singapore equity capital markets in the foreseeable future,” the announcement read, noting that funding needs can be met through bank borrowings and debt financing.Low intends to delist the company to save on compliance costs and gain greater flexibility to manage the business amidst a “challenging macro and operating environment”.The formal offer document will be dispatched to shareholders between 14 and 21 days from the announcement date of Nov 28, 2025.</div></div>

劉景發

劉景發的控股股東已發起自願要約，以每股 0.72 新元的價格退市，較最後價格溢價 17.1%。該要約通過 Consistent Record Pte Ltd 進行，需獲得 90% 的投票權接受。公司旨在節省合規成本，並在嚴峻的環境中管理業務靈活性。正式要約文件將在 2025 年 11 月 28 日起的 14-21 天內發送給股東

劉景發的控股股東以每股 0.72 新加坡元的價格發起退市要約