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The latest announcement is out from Low Keng Huat Singapore Ltd ( (SG:F1E) ).
Consistent Record Pte. Ltd., through financial adviser UOB Kay Hian, has revised its voluntary conditional general offer for all the shares of Low Keng Huat (Singapore) Limited that it does not already own, control or has agreed to acquire. The cash offer price has been increased to a final offer price of S$0.78 per share, signalling an improved consideration for minority shareholders and potentially increasing acceptances ahead of the offer’s final closing, which may influence the company’s ownership structure and control.
The most recent analyst rating on (SG:F1E) stock is a Hold with a S$0.75 price target. To see the full list of analyst forecasts on Low Keng Huat Singapore Ltd stock, see the SG:F1E Stock Forecast page.
More about Low Keng Huat Singapore Ltd
Low Keng Huat (Singapore) Limited is a Singapore-incorporated company; while this announcement does not detail its business lines, the group is listed and has an issued share capital comprising ordinary shares that are the subject of a takeover offer in the Singapore capital markets.
Average Trading Volume: 1,580,977
Technical Sentiment Signal: Buy
Current Market Cap: S$539.3M
For an in-depth examination of F1E stock, go to TipRanks’ Overview page.