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Lum Chang Holdings
Results
Lum Chang posts 34% drop in 3Q earnings to $2.8 mil on absence of one-off disposal gains
SINGAPORE (May 11): Lum Chang Holdings saw its earnings drop 34% to $2.8 million for the 3Q ended March, from $4.2 million a year ago.
May 11, 2018
Results
Lum Chang reports 32% rise in 2Q earnings to $7.2 mil from JV profits
SINGAPORE (Feb 9): Lum Chang Holdings announce that its 2Q18 earnings has increased by 32% to $7.2 million compared to $5.5 million in 2Q17.
February 09, 2018
Property
CapitaLand acquires first office building in Germany for $392 mil in JV with Lum Chang
SINGAPORE (Dec 28): CapitaLand is expanding its commercial business beyond Asia by acquiring its first office building in Germany.
December 28, 2017
Results
Lum Chang’s 1Q earnings more than double to $2.7 mil
SINGAPORE (Nov 10): Lum Chang reported 1Q earnings more than doubled to $2.7 million from $0.9 million a year ago on lower cost of sales, higher other income and lower other losses.
November 10, 2017
Lum Chang wins construction contract worth $85.7 mil
SINGAPORE (Oct 24): Lum Chang Holdings announced that its wholly-owned subsidiary, Lum Chang Building Contractors has won a contract for building works at The Verge, an integrated development located at 2 Serangoon Road worth $85.7 million.
October 24, 2017
Results
Lum Chang 3Q earnings fall 40% to $4.2 mil
SINGAPORE (May 12): Lum Chang Holdings posted a 40% drop in earnings to $4.2 million in the third quarter ended March, from $6.9 million a year ago.
May 12, 2017
Property
Lum Chang to acquire One Tree Hill Gardens for $65 mil
SINGAPORE (May 5): Lum Chang Holdings has, through its subsidiary Lum Chang Auriga, exercised an option to purchase to buy 13 strata units and common areas in the freehold residential property, One Tree Hill Gardens, for a consideration of $65 million.
May 05, 2017
Results
Lum Chang posts 55% fall in 2Q earnings to $5.5 mil
SINGAPORE (Feb 14): Lum Chang Holdings, the property and construction group, reported a 55% drop in earnings to $5.5 million for the 2Q ended Dec, from $12 million the year before.
February 14, 2017
Broker's Calls
Chew on this defensive stock as competition intensifies in grocery sector
SINGAPORE (Oct 6): OCBC Investment Research continue to rate supermarket operator Sheng Siong Group at “buy” with a higher fair value estimate of $1.15 from $1.07 previously based on potential returns including dividends.
October 06, 2016
Market Close
STI closes 0.4% higher at 2,856.95
SINGAPORE (Sept 22): Singapore stocks ended Friday and the week higher at 2,856.95, as a global stock rally associated with central bank policy decisions petered out and large-caps ended mixed, with many unchanged.
September 23, 2016