Low Keng Huat (Singapore)

M&A

Low Keng Huat to dispose entire stake in Westgate Tower and Westgate Commercial and fully acquire Paya Lebar Square

Low Keng Huat will also enter into a set-off agreement with Sun Venture Companies upon the completion of the transaction.
KOP’s subsidiary sells Dalvey Haus unit for $16.3 mil - THE EDGE SINGAPORE

Property

KOP’s subsidiary sells Dalvey Haus unit for $16.3 mil

The price of the unit is the same price as the one offered to the public.
DeClout raises Procurri stake following partial offer by Novo Tellus - THE EDGE SINGAPORE

DeClout raises Procurri stake following partial offer by Novo Tellus

DeClout raises stake in Procurri to reject partial offer from Novo Tellus; new Low Keng Huat director makes open market purchases.
Getting to the bottom of the Covid-defying property market - THE EDGE SINGAPORE

Property

Getting to the bottom of the Covid-defying property market

Using OTPs exercised instead of OTPs issued is more reflective of the true health of the Singapore property market.

Results

Low Keng Huat reports 91% fall in 2Q19 earnings on absence of sales

SINGAPORE (Sept 15): Construction company Low Keng Huat reported 2Q19 ended July earnings of $0.36 million, down 91% fom $4.15 million a year ago.

Results

Low Keng Huat posts 60% drop in 3Q earnings to $2.6 mil

SINGAPORE (Dec 9): Property developer Low Keng Huat (Singapore) saw its earnings fall 60% to $2.6 million for the 3Q18 ended October, from $6.6 million a year ago.

Results

Low Keng Huat posts more than eightfold surge in 2Q earnings to $4.2 mil on higher revenue

SINGAPORE (Sept 12): Property developer Low Keng Huat (Singapore) saw its earning surge more than eightfold to $4.2 million for the 2Q18 ended July, from $0.5 million a year ago.

KOP in talks to develop second Wintastar project, refinance Goi's loan

SINGAPORE (Aug 30): KOP is in “advanced talks” for a second entertainment resort project, even as it held its ground-breaking ceremony for the first, Wintastar Shanghai, on Thursday.

Property

Low Keng Huat to acquire property adjacent to Cairnhill Mansions for $100 mil

SINGAPORE (June 7): Property developer Low Keng Huat (Singapore), through its subsidiary Glopeak Development, has entered into an agreement to purchase the freehold property at 67 Cairnhill Road and two nearby land lots for a total of $100 million.
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