Key Points for Investors

• Final Offer Price Announced: Consistent Record Pte. Ltd. (the “Offeror”) has revised its offer price to S\$0.78 in cash per share for all issued and paid-up ordinary shares in Low Keng Huat (Singapore) Limited (“LKHS”), other than those already owned, controlled, or agreed to be acquired by the Offeror.
• No Further Revision: The Offeror has explicitly stated it does not intend to revise the Final Offer Price further.
• Shareholder Actions: Shareholders who have already accepted the offer will automatically be entitled to the revised Final Offer Price, subject to the offer becoming unconditional. No further action is required for these shareholders.
• Offer Remains Open: The offer closing date has been extended to 5.30 p.m. (Singapore time) on 13 February 2026. The Offeror does not intend to extend the offer beyond this date. Acceptances received after this deadline will be rejected.
• Comparison to Historical Prices: The Final Offer Price of S\$0.78 represents a significant premium over both the initial offer price and the historical traded prices of LKHS shares:
  • 8.3% above the initial offer price of S\$0.72
  • 6.1% premium over the last traded price (S\$0.735 on 13 Jan 2026)
  • 26.8% premium over the price on the last trading date before the offer (S\$0.615 on 28 Nov 2025)
  • 47.4% premium over the 12-month VWAP (S\$0.529)
  • 59.2% premium over the 36-month VWAP (S\$0.490)
• Financial Resources Confirmed: UOB Kay Hian Private Limited, acting as financial adviser, has confirmed that the Offeror has sufficient financial resources to fully satisfy the offer.

Details for Shareholder Action

• For Shareholders Who Have Not Accepted: If you wish to accept the offer at S\$0.78 per share, you must submit the relevant Acceptance Forms and documents so they arrive at Consistent Record Pte. Ltd. c/o The Central Depository (Pte) Limited (CDP) or KCK CorpServe Pte. Ltd. (the Share Registrar) by 5.30 p.m. on 13 February 2026. Shareholders with shares deposited with CDP may also accept electronically via the SGX-ST Investor Portal.
• CPFIS and SRS Investors: Should contact their respective agent banks by the deadline set by those banks, ensuring instructions are received before the final closing date.
• Lost/Missing Documents: Shareholders who did not receive or have misplaced their Notification Letter or Acceptance Forms should contact CDP or the Share Registrar as soon as possible for assistance.

Potentially Price Sensitive and Material Information

• This revised offer price of S\$0.78 is the final price – investors should not expect any further upward revision.
• The final offer price represents a substantial premium to recent historical prices, which may influence the share price as arbitrageurs and investors position themselves ahead of the final closing date.
• The offer will not be extended beyond 13 February 2026 – this deadline is definitive and could drive trading volumes or price movements as the date approaches.
• Liquidity Event: This is a liquidity event for minority shareholders who may not have had an exit opportunity at this premium for several years, given the offer exceeds the highest closing price in the last five years.
• Financial certainty: The Offeror’s financial resources have been verified, reducing risk of non-completion.

Additional Information and Support

• Further documents: Electronic copies of the Offer Document and Acceptance Forms are available at the SGX website (www.sgx.com) and LKHS’s investor relations page (www.lkhs.com.sg/investor-relations/sgx-announcements/).
• Contact details: For further enquiries, shareholders may contact UOB Kay Hian Private Limited’s Corporate Finance team at [email protected].
• Professional advice: Shareholders in doubt are encouraged to consult their stockbroker, bank manager, solicitor, accountant, tax adviser, or other professional adviser.
• Overseas shareholders: Should review the restrictions and guidance in the Offer Document, as certain jurisdictions may not receive the Revision Notification Letter.

Conclusion

This offer marks a significant liquidity opportunity for minority shareholders in Low Keng Huat (Singapore) Limited, with a final offer price representing a substantial premium to historical trading levels. The definitive final offer and closing date could prompt trading activity and price adjustment as the market digests the implications. Shareholders are advised to review the offer terms carefully and act before the 13 February 2026 deadline if they wish to participate.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any securities. Investors should conduct their own due diligence and consult a licensed financial adviser before making any investment decisions. The author and publisher disclaim all liability for any direct or indirect loss arising from any use of or reliance on the information provided herein.

View Low Keng Huat Historical chart here