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Lum Chang Holdings Completes Spin-Off and Listing of Subsidiary on SGX

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Lum Chang Holdings Completes Spin-Off and Listing of Subsidiary on SGX

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Lum Chang Holdings Limited ( (SG:L19) ) has provided an update.

Lum Chang Holdings Limited has successfully completed the spin-off and listing of its subsidiary, Lum Chang Creations Limited (LCC), on the Catalist Board of the Singapore Exchange. The company retains a 71.1% shareholding in LCC, marking a significant step in its strategic business development, potentially enhancing its market presence and offering new opportunities for growth.

More about Lum Chang Holdings Limited

Lum Chang Holdings Limited is a company incorporated in Singapore, primarily engaged in the interior fit-out business. It operates through its subsidiaries, focusing on providing specialized construction and renovation services.

Average Trading Volume: 88,143

Technical Sentiment Signal: Buy

Current Market Cap: S$152.6M

Learn more about L19 stock on TipRanks’ Stock Analysis page.

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