Announcement • Apr 04
Low Keng Huat (Singapore) Limited to Be Delisted from the Official List of the Singapore Exchange Securities Trading Limited with Effect from 7 April 2026 Low Keng Huat (Singapore) Limited will be delisted from the Official List of the Singapore Exchange Securities Trading Limited with effect from 9.00 a.m. (Singapore time) on 7 April 2026. Reported Earnings • Sep 14
First half 2026 earnings released: S$0.014 loss per share (vs S$0.008 profit in 1H 2025) First half 2026 results: S$0.014 loss per share (down from S$0.008 profit in 1H 2025). Revenue: S$38.7m (down 85% from 1H 2025). Net loss: S$10.2m (down 276% from profit in 1H 2025). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • May 30
Low Keng Huat (Singapore) Limited Declares First and Final One-Tier Tax-Exempt Dividend for the Financial Year Ended 31 January 2025 Low Keng Huat (Singapore) Limited at its 56th Annual General Meeting held on 30 May 2025, To declare a first and final one-tier tax-exempt dividend of 1.5 cents per ordinary share for the financial year ended 31 January 2025. Upcoming Dividend • May 30
Upcoming dividend of S$0.015 per share Eligible shareholders must have bought the stock before 06 June 2025. Payment date: 20 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.6%. Lower than top quartile of Singaporean dividend payers (5.9%). Higher than average of industry peers (4.0%). Declared Dividend • Apr 01
Dividend of S$0.015 announced Shareholders will receive a dividend of S$0.015. Ex-date: 6th June 2025 Payment date: 20th June 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 5x earnings). However, it is well covered by cash flows (7% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 495% to bring the payout ratio under control. However, EPS has declined by 30% over the last 5 years so the company would need to reverse this trend. Announcement • Mar 30
Low Keng Huat (Singapore) Limited announces Annual dividend, payable on June 20, 2025 Low Keng Huat (Singapore) Limited announced Annual dividend of SGD 0.0150 per share payable on June 20, 2025, ex-date on June 06, 2025 and record date on June 09, 2025. Announcement • Mar 28
Low Keng Huat (Singapore) Limited, Annual General Meeting, May 30, 2025 Low Keng Huat (Singapore) Limited, Annual General Meeting, May 30, 2025. New Risk • Nov 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 44% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (182% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Announcement • Jun 05
Low Keng Huat (Singapore) Limited Approves Declaration of A First and Final Tax-Exempt (One-Tier) Dividend for the Financial Year Ended 31 January 2024 Low Keng Huat (Singapore) Limited approved declaration of a first and final tax-exempt (one-tier) dividend of 1.5 cents per ordinary share for the financial year ended 31 January 2024. Upcoming Dividend • May 31
Upcoming dividend of S$0.015 per share Eligible shareholders must have bought the stock before 07 June 2024. Payment date: 21 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Singaporean dividend payers (6.2%). Higher than average of industry peers (4.3%). Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Non- Executive Director Jason Eng was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Apr 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended July 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported July 2023 fiscal period end). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.9% average weekly change). Declared Dividend • Mar 29
Dividend of S$0.015 announced Shareholders will receive a dividend of S$0.015. Ex-date: 7th June 2024 Payment date: 21st June 2024 Dividend yield will be 4.8%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (6% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Mar 28
Low Keng Huat (Singapore) Limited, Annual General Meeting, May 31, 2024 Low Keng Huat (Singapore) Limited, Annual General Meeting, May 31, 2024. Agenda: To consider the proposed first and final dividend will be paid on 21 June 2024. Recent Insider Transactions • Dec 16
Executive Director recently bought S$65k worth of stock On the 13th of December, Poh Kheng Teo bought around 200k shares on-market at roughly S$0.33 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought S$24k more in shares than they have sold in the last 12 months. Board Change • Oct 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Executive Director Alvin Teo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 17
First half 2024 earnings released: S$0.002 loss per share (vs S$0.033 loss in 1H 2023) First half 2024 results: S$0.002 loss per share (improved from S$0.033 loss in 1H 2023). Revenue: S$192.8m (up 287% from 1H 2023). Net loss: S$1.46m (loss narrowed 94% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Board Change • Aug 31
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Executive Director Alvin Teo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 06
Low Keng Huat (Singapore) Limited Approves First and Final Tax-Exempt (One-Tier) Dividend for the Financial Year Ended 31 January 2023 Low Keng Huat (Singapore) Limited announced that at its Annual General Meeting held on 31 May 2023, declare a first and final tax-exempt (one-tier) dividend of 1 cent per ordinary share for the financial year ended 31 January 2023. Upcoming Dividend • Jun 06
Upcoming dividend of S$0.01 per share at 2.5% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 23 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Singaporean dividend payers (6.4%). Lower than average of industry peers (3.8%). Announcement • May 25
Low Keng Huat (Singapore) Limited, Annual General Meeting, May 31, 2023 Low Keng Huat (Singapore) Limited, Annual General Meeting, May 31, 2023, at 11:00 Singapore Standard Time. Announcement • May 12
Low Keng Huat (Singapore) Limited Proposes First and Final Tax-Exempt (One-Tier) Dividend for the Financial Year Ended 31 January 2023 Low Keng Huat (Singapore) Limited at its AGM to be held on May 31, 2023, proposed first and final tax-exempt (one-tier) dividend of 1 cent per ordinary share for the financial year ended 31 January 2023. Reported Earnings • Apr 01
Third quarter 2023 earnings released: S$0.006 loss per share (vs S$0.003 loss in 3Q 2022) Third quarter 2023 results: S$0.006 loss per share (further deteriorated from S$0.003 loss in 3Q 2022). Revenue: S$23.7m (down 35% from 3Q 2022). Net loss: S$4.10m (loss widened 93% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Board Change • Nov 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Executive Director Alvin Teo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 15
First half 2023 earnings released: S$0.033 loss per share (vs S$0.034 profit in 1H 2022) First half 2023 results: S$0.033 loss per share (down from S$0.034 profit in 1H 2022). Revenue: S$49.8m (down 44% from 1H 2022). Net loss: S$24.1m (down 196% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Jun 18
Low Keng Huat (Singapore) Limited Announces Resignation of Chin Yeok Yuen as Company Secretary Low Keng Huat (Singapore) Limited announced that Ms Chin has indicated her intention to retire and has submitted her letter of resignation to retire as Group Chief Financial Officer and Company Secretary. Ms Chin is responsible for the Group's financial, accounting and corporate secretarial matters. In addition, she oversees human resource matters and administration functions of the Company. Meantime, the Group has shortlisted a qualified and suitable candidate for her replacement and will make the necessary announcement in due course, upon approval of the Board and respective committees. Upcoming Dividend • Jun 03
Upcoming dividend of S$0.02 per share Eligible shareholders must have bought the stock before 10 June 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Singaporean dividend payers (6.0%). Higher than average of industry peers (3.1%). Announcement • Jun 01
Low Keng Huat (Singapore) Limited Approves First and Final Tax Exempt Dividend for the Financial Year Ended 31 January 2022 Low Keng Huat (Singapore) Limited at annual general meeting held on 31 May 2022, approved to declare a first and final tax exempt (one tier) dividend of 2 cents per ordinary share for the financial year ended 31 January 2022. Announcement • May 26
Low Keng Huat (Singapore) Limited, Annual General Meeting, May 31, 2022 Low Keng Huat (Singapore) Limited, Annual General Meeting, May 31, 2022, at 11:00 Singapore Standard Time. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Executive Director Alvin Teo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 04
Full year 2022 earnings released: EPS: S$0.028 (vs S$0.066 in FY 2021) Full year 2022 results: EPS: S$0.028 (down from S$0.066 in FY 2021). Revenue: S$161.6m (up 120% from FY 2021). Net income: S$20.8m (down 57% from FY 2021). Profit margin: 13% (down from 66% in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Apr 01
Low Keng Huat (Singapore) Limited Proposes First and Final Tax-Exempt (One-Tier) Ordinary Dividend for the Financial Year Ended January 31, 2022, Payable on June 24, 2022 Low Keng Huat (Singapore) Limited recommended first and final tax-exempt (one-tier) ordinary dividend of 2.0 cents per ordinary share for the financial year ended January 31, 2022 subject to shareholders' approval at the Annual General meeting to be held on 31 May 2022, the proposed first and final dividend will be paid on 24 June 2022. Board Change • Jan 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Executive Director Alvin Teo was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 01
Low Keng Huat (Singapore) Limited (SGX:F1E) completed the acquisition of remaining 45% stake in Paya Lebar Square Pte. Ltd. from Sun Venture Homes Pte. Ltd. Low Keng Huat (Singapore) Limited (SGX:F1E) entered into an agreement to acquire remaining 45% stake in Paya Lebar Square Pte. Ltd. from Sun Venture Homes Pte. Ltd. for SGD 90.5 million on June 11, 2021. The aggregate consideration payable by Low Keng to Sun Venture for the proposed Paya Lebar acquisition is SGD 90,457,038 which includes a Sun Venture’s loan of an amount of SGD 47,566,183 owing to Sun Venture. The consideration of SGD 42,890,855 is subject to adjustments. Following completion of the proposed transactions Paya Lebar will become a wholly owned subsidiary of Low Keng. In a related transaction Low Keng agreed to sale 40% stake in Westgate Tower Pte Ltd and Westgate Commercial Pte. Ltd. from Sun Venture Homes Pte. Ltd. Low Keng and the Sun Venture Companies shall enter into a set-off agreement on the date of Completion pursuant to which the Paya Lebar aggregate consideration shall be set-off against the Westgate aggregate consideration
Paya Lebar for the financial year ended 31 January 2021, the book value and net tangible asset value of Paya Lebar were approximately SGD 39.8 million, the net loss attributable to Paya Lebar was SGD 1.4 million. Completion of the proposed transactions are conditional upon the completion of the Proposed Paya Lebar Acquisition and the Proposed Westgate Disposals, the written consent of the relevant banks under and/or in connection with the existing bank facilities granted to the Paya Lebar and the termination of the relevant deeds of undertaking and deeds of subordination in relation to the Paya Lebar Bank Facilities with effect from any date on or prior to Completion on terms reasonably satisfactory to the parties. Thetransaction shall have impact on Net tangible assets and Earning per share.
Low Keng Huat (Singapore) Limited (SGX:F1E) completed the acquisition of remaining 45% stake in Paya Lebar Square Pte. Ltd. from Sun Venture Homes Pte. Ltd. on June 30, 2021. Upcoming Dividend • Jun 03
Upcoming dividend of S$0.025 per share Eligible shareholders must have bought the stock before 10 June 2021. Payment date: 21 June 2021. Trailing yield: 5.0%. Within top quartile of Singaporean dividend payers (4.9%). Higher than average of industry peers (2.9%). Recent Insider Transactions • May 07
Executive Director recently bought S$246k worth of stock On the 3rd of May, Poh Kheng Teo bought around 497k shares on-market at roughly S$0.49 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought S$713k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 11
Executive Director recently bought S$82k worth of stock On the 8th of April, Poh Kheng Teo bought around 180k shares on-market at roughly S$0.45 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS S$0.066 (vs S$0.017 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: S$73.4m (up 57% from FY 2020). Net income: S$48.7m (up 282% from FY 2020). Profit margin: 66% (up from 27% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 18
New 90-day low: S$0.39 The company is down 6.0% from its price of S$0.41 on 16 October 2020. The Singaporean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 02
New 90-day high: S$0.42 The company is up 11% from its price of S$0.38 on 04 August 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 16
New 90-day high: S$0.41 The company is up 8.0% from its price of S$0.38 on 17 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period. 
