Lum Chang Holdings

The company expects to recognise an estimated post-tax net gain of £0.5 million from the divestment.

As at Dec 31, 2019, the group’s outstanding value of construction projects in progress amounts to around $1.15 billion.

SINGAPORE (Dec 21): Lum Chang Holdings announced that its wholly-owned subsidiary, Lum Chang Building Contractors, has won a tender for the design and construction of the north-south corridor (tunnel) between Ang Mo Kio Ave 3 and Ang Mo Kio Ave 9 worth $7

SINGAPORE (June 8): Lum Chang Holdings announced that its wholly-owned subsidiary, Lum Chang Building Contractors, has secured a tender for the construction of a new industrial development at Woodlands North Coast.

SINGAPORE (May 11): Lum Chang Holdings saw its earnings drop 34% to $2.8 million for the 3Q ended March, from $4.2 million a year ago.

SINGAPORE (Feb 9): Lum Chang Holdings announce that its 2Q18 earnings has increased by 32% to $7.2 million compared to $5.5 million in 2Q17.

SINGAPORE (Dec 28): CapitaLand is expanding its commercial business beyond Asia by acquiring its first office building in Germany.

SINGAPORE (Nov 10): Lum Chang reported 1Q earnings more than doubled to $2.7 million from $0.9 million a year ago on lower cost of sales, higher other income and lower other losses.

SINGAPORE (Oct 24): Lum Chang Holdings announced that its wholly-owned subsidiary, Lum Chang Building Contractors has won a contract for building works at The Verge, an integrated development located at 2 Serangoon Road worth $85.7 million.

SINGAPORE (May 12): Lum Chang Holdings posted a 40% drop in earnings to $4.2 million in the third quarter ended March, from $6.9 million a year ago.