Low Keng Huat (Singapore) Limited said on Feb, 03 2026 that offeror Consistent Record Pte. Ltd. has increased its holding in the company to about 95.16% of the issued share capital following additional market purchases and acceptances under its voluntary conditional general offer.
Consistent Record bought 170,700 shares on the Singapore Exchange at 0.78 Singapore dollars apiece on Feb, 03 2026. Including these trades and acceptances received, the offeror now owns or has agreed to acquire roughly 703.07 million shares out of the company’s 738.82 million outstanding shares.
Since the offer was announced on Nov, 28 2025, Consistent Record has acquired about 79.63 million shares outside of acceptances. Shareholders representing 62.25 million shares, excluding concert parties, have tendered their stock to the offer as of the latest count.
The offer, first detailed in an offer document dated Dec, 17 2025 and revised on Jan, 13 2026 to 0.78 Singapore dollars per share, is scheduled to close at 5:30 p.m. Singapore time on Feb, 13 2026.
UOB Kay Hian Private Limited is acting as the financial adviser to Consistent Record in the transaction.