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Lum Chang Holdings Subsidiary Fined Over Summons

Lum Chang Holdings Subsidiary Fined Over Summons

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

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Lum Chang Holdings Limited has announced that its subsidiary, LCBC, has pleaded guilty to charges related to a summons and has been fined S$160,000. Both parties involved have a 14-day window to appeal the decision. Investors may want to monitor this situation for any further developments that could impact the company’s financial standing.

For further insights into SG:L19 stock, check out TipRanks’ Stock Analysis page.

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