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Lum Chang Secures S$63.4 Million in New Contracts

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Lum Chang Secures S$63.4 Million in New Contracts

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Lum Chang Creations Limited ( (SG:LCC) ) has issued an update.

Lum Chang Creations Limited announced that its subsidiary, Lum Chang Interior Pte. Ltd., has secured two significant contracts worth a combined S$63.4 million. The contracts involve the redevelopment of the Registries of Civil and Muslim Marriages building and the construction of a new annex block at Orchard Road Presbyterian Church. These projects are scheduled to commence in late 2025 and will be completed over 24 to 30 months. While these contracts will not materially impact the company’s earnings per share for the current financial year, they contribute to a total outstanding construction value of approximately S$160 million, enhancing the company’s project pipeline.

More about Lum Chang Creations Limited

Lum Chang Creations Limited, incorporated in Singapore, operates in the construction industry through its wholly-owned subsidiary, Lum Chang Interior Pte. Ltd. (LCI). The company focuses on interior construction and redevelopment projects, catering to both government and private sector clients.

Average Trading Volume: 1,032,107

See more insights into LCC stock on TipRanks’ Stock Analysis page.

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