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Lum Chang sells LCD Global stake

Vendors of combined 29.5% stake include David Lum and Raymond Lum

Published Fri, Sep 19, 2014 · 04:00 PM

Singapore

LUM Chang Investments and other shareholders have sold a combined 29.5 per cent stake in LCD Global Investments to privately held JTrust Asia.

LCD - which owns, develops and manages hotels and resorts globally - will eventually be known as JTrust International Ltd.

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