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The latest update is out from LHT Holdings Ltd ( (SG:BEI) ).
LHT Holdings Limited has received an unsolicited offer from Ms. Yap Mui Kee, the Managing Director of Pallets and Cases, to purchase the company’s assets and business. The validity period for this offer has been extended for a second time, now valid until October 19, 2025. The offer remains irrevocable but is not yet legally binding until accepted by the company. Shareholders are advised to exercise caution as there is no certainty that the offer will be accepted or that any definitive agreement will be reached.
More about LHT Holdings Ltd
LHT Holdings Limited is a company incorporated in Singapore, primarily involved in the manufacturing and distribution of pallets and cases.
Average Trading Volume: 262,023
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$51.65M
Learn more about BEI stock on TipRanks’ Stock Analysis page.