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Lum Chang Holdings Limited ( (SG:L19) ) has issued an update.
Lum Chang Holdings Limited has announced a joint venture with L&K Engineering Co., Ltd’s Singapore branch to undertake a project in the northern region of Singapore. The joint venture, named L&K-LCB Joint Venture LLP, will focus on civil, structural, and architectural works, with Lum Chang holding a 30% stake and L&K holding 70%. This collaboration is expected to enhance Lum Chang’s market presence and operational capacity in the construction sector.
More about Lum Chang Holdings Limited
Lum Chang Holdings Limited operates in the construction industry, providing civil, structural, and architectural services. The company focuses on projects primarily in Singapore and is involved in various construction and engineering activities through its subsidiaries.
Average Trading Volume: 133,004
Technical Sentiment Signal: Buy
Current Market Cap: S$160.1M
See more insights into L19 stock on TipRanks’ Stock Analysis page.