Consistent Record Pte. Ltd. has launched a voluntary conditional general offer for all ordinary shares of Low Keng Huat (Singapore) Limited at 0.72 Singapore dollars in cash per share, UOB Kay Hian said on Nov, 28 2025.

The offer excludes shares already owned or controlled by the bidder and will become unconditional only if Consistent Record receives acceptances that raise its holding to at least 90 % of Low Keng Huat’s voting rights not already held by the offeror and its related corporations.

The price represents premiums of about 17.1 % to the last traded price of 0.615 Singapore dollars on Nov, 28 2025 and 27.7 % to the six-month volume-weighted average price of 0.564 Singapore dollars.

Consistent Record intends to delist the company from the Singapore Exchange if the free-float falls below 10 % and says it will exercise compulsory acquisition rights once the 90 % threshold is met.

UOB Kay Hian confirmed that sufficient financial resources are available to satisfy full acceptance of the offer.

The offer document is expected to be dispatched within 14 to 21 days of the announcement date. Shareholders are advised to seek independent advice before taking any action.