Lum Chang

BROKERS’ TAKE

Lum Chang could ride on construction upcycle, restructuring to high single-digit profit growth: analyst

Tickrs Financial Singapore initiates coverage on the stock with a ‘buy’ call and target price of S$0.525

Lum Chang Creations' strong track record includes conservation and restoration works at national monument St James Power Station (pictured).
BROKERS’ TAKE

UOBKH initiates coverage on Lum Chang Creations with ‘buy’ call on strong growth outlook

LCC is set for robust earnings growth on a positive outlook for the urban revitalisation specialist industry, says UOBKH analyst

The IPO proceeds will go towards supporting LCC’s expansion plans, says the company’s managing director, Lim Thiam Hooi.

Lum Chang Creations shares close 22% higher than IPO price on Catalist debut

The company closed at a price of S$0.305 per share, with the stock code LCC

LCC managing director Lim Thiam Hooi notes that the company is well-positioned to capitalise on emerging opportunities arising from initiatives such as the National Heritage Board’s Our SG Heritage Plan 2.0.

Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed

IPO raises total gross proceeds of S$12.25 million, including S$8.75 million from new shares and S$3.5 million from vendor shares

LCC managing director Lim Thiam Hooi notes that supportive government initiatives and favourable market conditions make this an ideal window to go public.

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’

Ellipsiz, which serves the semiconductor industry, has appointed David Lum as an independent adviser.

Ellipsiz appoints David Lum as adviser

The managing director of mainboard-listed Lum Chang will provide advice as an independent contractor

Lum Chang Interior is a majority-owned indirect subsidiary of Lum Chang.

Lum Chang proposes listing interior fit-out business on Singapore Catalist

Shareholders may get shares of the spinoff through distribution in specie

Two of the charges on which former minister S. Iswaran (right) was convicted were about gifts that he accepted from David Lum, managing director of mainboard-listed construction company Lum Chang

AGC will not be prosecuting David Lum for dealings with Iswaran

Two of the charges on which Iswaran was convicted were for dealings with the boss of construction company Lum Chang

Lum Chang's revenue for H2 FY2024 rises 36 per cent to S$267.8 million, from S$196.7 million in the year-ago period.

Lum Chang swings back to black with S$3.7 million H2 net profit

Earnings per share stand at S$0.0099, compared to a loss per share of S$0.0779 in H2 FY2023

The Land Transport Authority says it has not awarded any contract to Lum Chang Building Contractors since 2019. 

Hot stock: Lum Chang shares sink on MD’s involvement in Iswaran probe

SHARES of Lum Chang fell more than 10 per cent on Tuesday (Mar 26) after the company revealed that its managing director, David Lum, had “attended several interviews” with the Corrupt Practices Invest...