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Lum Chang’s interior fit-out business lodges preliminary offer document for spin-off listing on Catalist board

Nicole Lim
Nicole Lim • 3 min read
Lum Chang’s interior fit-out business lodges preliminary offer document for spin-off listing on Catalist board
Lum Chang Creations was created following an internal restructuring exercise for the spin-off listing. The group first announced plans for the spin-off last November / Photo: The Edge Singapore
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Construction firm Lum Chang Holdings (SGX:L19) ’ interior fit-out business has lodged its preliminary offer document for the proposed spin-off listing on the Catalist board of Singapore Exchange (SGX:S68) (SGX).

The newly incorporated subsidiary, Lum Chang Creations (LCC), was created following an internal restructuring exercise to transfer Lum Chang Interior (LCI) into the group for the spin-off listing.

This is potentially the third IPO this year, after car dealer Vin's Holdings which has already launched, while Info-Tech Systems lodged its draft prospectus last Friday and whose book building is ongoing.

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