Stocks to watch: Lum Chang Creations, PC Partner, Oiltek, NeraTel, Qian Hu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jul 21):
Lum Chang Creations : The company will make its trading debut on Monday at 9 am on the Catalist board of the Singapore Exchange under the trading name “Lum Chang Creat” and trading code “LCC”. Its initial public offering of 49 million shares in the capital of the company is priced at S$0.25 per share. As at 12 pm on Jul 17, there was an aggregate of 47.3 million offer shares, with application monies received amounting to around S$11.8 million. The board of directors intends to recommend dividends of not less than 30 per cent of Lum Chang’s net profit attributable to shareholders in each of the financial years ended Jun 30, 2025, and Jun 30, 2026.
PC Partner : The Hong Kong electronics company is expected to report a net profit of around HK$250 million (S$40.9 million) for the six months ended June, up from HK$194 million in the year-ago period, its board said on Friday. The increase was attributed to a significant increase in sales revenue for the six months, which was mainly due to strong demand for the new RTX 50 series video graphics cards launched in the first half of 2025. Shares of PC Partners ended Friday 2.3 per cent or S$0.03 higher at S$1.33.
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