Voluntary Conditional General Offer for Low Keng Huat (Singapore) Limited

Key Highlights for Investors

• Offer Announcement: UOB Kay Hian Private Limited (“UOBKH”) is acting for Consistent Record Pte. Ltd. (“Offeror”) in a voluntary conditional general offer to acquire all issued and paid-up ordinary shares in Low Keng Huat (Singapore) Limited (“LKHS”), except those already owned, controlled, or agreed to be acquired by the Offeror.
• Electronic Dissemination: The Offer Document, containing full terms and conditions, has been disseminated electronically via the SGX website (www.sgx.com) and the company’s investor relations page (www.lkhs.com.sg/investor-relations/sgx-announcements/). No physical copies will be sent. Shareholders will receive printed Notification Letters and Acceptance Forms only.
• Acceptance Deadline: Shareholders who wish to accept the Offer must submit their completed Acceptance Forms and required documents by 5:30 p.m. (Singapore time) on 14 January 2026. Late acceptances will not be considered unless a later date is announced.
• Acceptance Methods: Shareholders can accept via physical forms or electronically via the SGX-ST Investor Portal for CDP account holders. Adequate postage must be affixed when sending forms by mail.
• Overseas Shareholders: The Offer is open to all shareholders, including those overseas, but restrictions may apply depending on local laws. Overseas shareholders must ensure compliance with their jurisdiction’s legal requirements and are liable for any associated taxes or duties.
• Special Instructions for CPFIS and SRS Investors: Investors using Central Provident Fund Investment Scheme (CPFIS) or Supplementary Retirement Scheme (SRS) will receive instructions directly from their agent banks. They must respond by the deadline specified in their notification.
• Independent Advice: The views of the Independent Directors of LKHS and an independent financial adviser will be made available within 14 days of the electronic dissemination of the Offer Document. Shareholders are strongly advised to consider this advice before taking action.
• Responsibility Statement: The sole director of the Offeror has confirmed that all facts and opinions in the announcement are fair and accurate, with all material facts disclosed.
• Forward-Looking Statements: The announcement contains forward-looking statements subject to risks and uncertainties. Actual outcomes may differ materially and shareholders should not place undue reliance on such statements.

Important Details for Shareholders

• Action Required: Shareholders intending to accept the Offer must ensure their Acceptance Forms and documents reach the Offeror c/o CDP or KCK CorpServe Pte. Ltd. by the stated deadline.
• Electronic Retrieval: If shareholders do not receive physical Notification Letters or Acceptance Forms within a week of the announcement, they are advised to contact CDP or the Share Registrar immediately.
• Overseas Restrictions: The Offer and associated documents may not be distributed in jurisdictions where it would violate local laws. Overseas shareholders must actively request documents if not received and ensure full legal compliance.
• Potential Impact on Share Price: The Offer, if successful, could result in significant changes to shareholding structure and control of LKHS. This event is likely to be price sensitive and may impact the valuation of LKHS shares.
• Professional Advice: Shareholders uncertain about the Offer or required actions are advised to consult their financial, legal, or tax advisers immediately.
• Contact Information: For queries, shareholders can contact UOB Kay Hian Private Limited Corporate Finance at [email protected].

Potential Share Price Impact

The launch of a voluntary conditional general offer for all shares not already controlled by the Offeror is a major corporate event. Such offers typically lead to increased share price volatility as investors reassess the company’s future, ownership structure, and potential strategic changes. The outcome of the offer may result in a change of control, which could further influence the company’s direction, dividend policy, and long-term value. Investors should monitor for further updates, particularly regarding the recommendations from the Independent Directors and the independent financial adviser, which could materially affect the acceptances and the trajectory of the share price.

Disclaimer

This article is prepared for informational purposes only and does not constitute financial, legal, or investment advice. Investors are urged to review the full Offer Document and seek independent professional advice before making any investment decisions or taking action regarding the Offer. The information herein is based on the announcement and may be subject to change. Actual outcomes may differ due to risks, uncertainties, and future events. The author does not guarantee the accuracy or completeness of the information and shall not be liable for any loss arising from reliance on this article.

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