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LHT Holdings Extends Offer Validity for Asset Purchase

Story Highlights
  • LHT Holdings received an unsolicited offer from its Managing Director for asset purchase.
  • The offer’s validity is extended, but acceptance and agreement remain uncertain.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LHT Holdings Extends Offer Validity for Asset Purchase

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LHT Holdings Ltd ( (SG:BEI) ) has provided an announcement.

LHT Holdings Limited has received an unsolicited offer from its Managing Director, Ms. Yap Mui Kee, for the purchase of the company’s assets and business. The Board has agreed to extend the offer’s validity by one month, now expiring on 19 September 2025. The offer remains binding on Ms. Yap but is subject to the company’s acceptance. Shareholders are cautioned that there is no certainty the offer will be accepted or that any definitive agreement will be reached, advising them to exercise caution in trading the company’s shares.

More about LHT Holdings Ltd

LHT Holdings Limited is a company incorporated in the Republic of Singapore, operating in an industry that involves asset management and business operations.

Average Trading Volume: 12,765

Technical Sentiment Signal: Buy

Current Market Cap: S$51.65M

See more data about BEI stock on TipRanks’ Stock Analysis page.

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