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Lum Chang
Construction
Rebuilding the construction industry
The construction industry in Singapore so far has painted a mixed picture for construction stocks.
August 30, 2023
Contracts
Lum Chang sees total outstanding construction works revenue lifted to $1.8 bil with Mandai Rejuvenation Project tender
This contract brings the total outstanding value of construction works yet to be reported as revenue for the group to some $1.8 billion.
May 04, 2020
M&A
Lum Chang unit wins $137 mil contract to build PSA HQ
SINGAPORE (Jan 22): A Lum Chang unit has won a $136.9 million contract from PSA Corp.
January 22, 2018
Results
Lum Chang posts 37% fall in FY17 earnings to $18.7 mil; exercises option to purchase One Tree Hill Gardens
SINGAPORE (Aug 22): Lum Chang, the property developer and construction company, announced FY17 earnings dropped 37% to $18.7 million from $29.5 million in FY16.
August 22, 2017
Results
Lum Chang’s 1Q earnings fall 88% on higher cost of sales
SINGAPORE (Nov 10): Construction company Lum Chang saw 1Q earnings fall 88% to $995,000 from $8.5 million a year ago.
November 10, 2016
Stocks To Watch
OCBC, ARA, Lum Chang, Sheng Siong, CITIC, Tritech, Ntegrator
SINGAPORE (Oct 27): Here are some factors and stocks that could move the market this Thursday morning:
October 27, 2016
Lum Chang wins $325 mil LTA contract for Tanah Merah MRT station
SINGAPORE (Oct 26): Lum Chang’s subsidiary, Lum Chang Building Contractors, has secured a $325 million contract for addition and alteration works to Tanah Merah Station by the Land Transport Authority of Singapore.
October 26, 2016
Lum Chang in JV to acquire The Verge in Serangoon for $190 mil
SINGAPORE (Sept 23): Lum Chang Holdings is jointly acquiring property investment company Corwin Holding and its main commercial development asset The Verge for $189.75 million.
September 23, 2016
Stocks To Watch
SGX, OKH, Epicentre, PEC, Lum Chang, GL Limited
SINGAPORE (Aug 30): Here are some stocks that could move the market this Tuesday morning:
August 30, 2016
Results
Lum Chang posts 1% decline in earnings to $29.5 mil for FY16
SINGAPORE (Aug 29): Construction company Lum Chang posted a 1% decline in earnings to $29.5 million compared to a year ago, mainly attributed to a loss in the fair value on investment properties of $2.9 million and a one-time $11.5 million gain from dispo
August 29, 2016