Lum Chang Holdings plans sale of up to 12,300,000 Lum Chang Creations shares at S$ 0.76 each
- Lum Chang Holdings entered a best-efforts placement to sell up to 12,300,000 Lum Chang Creations shares at S$ 0.76 each.
- The deal also includes up to 15,000,000 new shares issued by the company, lifting total placement size to 35,000,000 shares.
- Gross proceeds estimated at up to S$ 9.3 million for Lum Chang Holdings from the secondary sale; placement price set at a 9.92% discount.
- DBS, CGS International Securities Singapore, RHB Bank act as joint placement agents; completion targeted for June 29.
- The placement is structured as an exempt offering in Singapore; no prospectus will be issued for the offering.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lum Chang Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9WYGTP9MLJUDIVON) on June 18, 2026, and is solely responsible for the information contained therein.
