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Lum Chang Holdings wins $127.1 mil contract from Mapletree Industrial Trust for Kallang Way project

Felicia Tan
Felicia Tan • 1 min read
Lum Chang Holdings wins $127.1 mil contract from Mapletree Industrial Trust for Kallang Way project
Lum Chang says the earnings from the project will be recognised progressively throughout the stages of its completion.
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Construction and property development firm Lum Chang Holdings says it has secured a tender for an industrial project at Kallang Way worth $127.1 million.

The contract, which was executed with Mapletree Industrial Trust’s trustee, DBS Trustee Limited, was signed by Lum Chang’s wholly-owned subsidiary Lum Chang Building Contractors.

The project is scheduled to be completed over a 21-month period, and it’s slated to begin in late November 2020.

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