Lum Chang Creations says now is ‘best time’ to list, eyes over S$12 million in Catalist IPO
The newly formed entity, which started out as a subsidiary of mainboard-listed Lum Chang Holdings, is on an ‘upward growth trajectory’
[SINGAPORE] Urban revitalisation specialist Lum Chang Creations (LCC) is set to raise S$12.3 million in gross proceeds through an initial public offering (IPO) on the Singapore Exchange (SGX), with a market capitalisation of S$78.8 million after listing.
“This is the best time for us to list,” said LCC managing director Lim Thiam Hooi in an interview with The Business Times.
He explained that the company is at an inflection point, scaling rapidly and entering a more mature growth phase.
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