Consistent Record Pte. Ltd., through financial adviser UOB Kay Hian, issued an Offer Document on Dec, 17 2025 detailing a voluntary conditional general offer to acquire all outstanding shares of Low Keng Huat (Singapore) Limited at 0.72 Singapore dollars per share in cash.
The offer will close at 5:30 p.m. on Jan, 14 2026 unless extended, and is conditional on Consistent Record securing acceptances that raise its holding to at least 90 % of the company’s voting rights. Consistent Record, which already controls about 54 % of Low Keng Huat through related interests, said it intends to delist the developer to cut listing costs and gain greater operating flexibility.
UOB Kay Hian confirmed that sufficient financial resources are available to fund full acceptance of the offer. Shareholders who wish to accept must submit the relevant forms to The Central Depository or the share registrar by the stated deadline.