- Lum Chang Creations (SGX:LCC) is set to list on the Catalist board 21 July 2025 following its spin-off from parent company Lum Chang Holdings.
- - Read this at SGinvestors.io -
- We recommend a “Subscribe” for the IPO shares with a fair value of S$0.38 per share (52% potential upside).
Company Background
- Lum Chang Creations participates in complex conservation and restoration works, interior fit-out works and A&A works for urban revitalisation and assets enhancement. Parent company Lum Chang Holdings (SGX:L19) is involved in property development & investment and the construction businesses. The spin-off of Lum Chang Creations allows the market to accord separate valuations for the separate segments.
- - Read this at SGinvestors.io -
- Lum Chang may dish out a distribution-in-specie of some (and not all) of Lum Chang Creations shares to its shareholders.
Investment Thesis
Opportunities in the promising URS industry.
- Read more at SGinvestors.io.
