Lum Chang Holdings

The contract is scheduled to be completed over a 36-month period commencing from April 2023.

Lum Chang Holdings reverses out of the red in FY2021 with earnings of $3 mil; declares 1 cent dividend.

The amount at risk to the group arising from the proposed sale is at 3.05% based on the group's NTA as at June 30, 2020.

Lum Chang says the earnings from the project will be recognised progressively throughout the stages of its completion.

Sheng Siong's second-largest shareholder Mondrian Investment Partner trims stake; Lum Chang MD Da­vid Lum Kok Seng raises stake

The contract was awarded by the Government of the Republic of Singapore c/o Family Justice Courts, and was signed by Lum Chang Holdings’ wholly-owned subsidiary Lum Chang Building Contractors (LCBC) on Monday.

The company expects to recognise an estimated post-tax net gain of £0.5 million from the divestment.

As at Dec 31, 2019, the group’s outstanding value of construction projects in progress amounts to around $1.15 billion.

SINGAPORE (Dec 21): Lum Chang Holdings announced that its wholly-owned subsidiary, Lum Chang Building Contractors, has won a tender for the design and construction of the north-south corridor (tunnel) between Ang Mo Kio Ave 3 and Ang Mo Kio Ave 9 worth $7

SINGAPORE (June 8): Lum Chang Holdings announced that its wholly-owned subsidiary, Lum Chang Building Contractors, has secured a tender for the construction of a new industrial development at Woodlands North Coast.