The closing date of the privatisation offer, at 68 cents per share, has earlier been extended to July 7 from June 30.
The Ong family trying to privatise Lian Beng Grouphas secured 90.14% of the shares as of July 4.
With free float now below 10%, the Ongs are now entitled to exercise their right to compulsory acquire the remaining shares and will do so.
