Singapore urban revitalisation and interior fit-out specialist Lum Chang Creations is transferring its listing from the Catalist board to the mainboard of the Singapore Exchange (SGX) on 16 July, marking a significant step in the company's corporate development following its spin-off from mainboard-listed Lum Chang in June 2025.
Business Times reports that Lum Chang Creations received in-principle approval from SGX for the mainboard transfer in February 2026, with Managing Director Lim Thiam Hooi citing a desire to elevate the company's corporate profile, enhance visibility among institutional investors and establish a stronger platform for its next growth phase.
On 30 June, the company completed a placement of 35 million shares at S$0.759 (€0.53) apiece, raising gross proceeds of approximately S$11.4 million (€7.97 million). The placement comprised 15 million new shares issued by the company and 20 million existing shares sold by Lum Chang and Lim, and was described as well-received by investors including Amova Asset Management, Ginko-AGT Global Growth Fund and Lion Global Investors.
Approximately S$6 million (€4.2 million) of the S$10.8 million (€7.55 million) in net proceeds will be directed towards acquisitions, investment opportunities and strategic alliances or joint ventures. The remainder will support general working capital, regional market expansion and growth of the company's interior fit-out and additions and alterations project portfolio in the high-end residential sector.
The company's order book stood at approximately S$144 million (€100.7 million) as at 30 April 2026, with recent contract wins secured for Covenant Evangelical Free Church and Baba House at Neil Road, according to a third-quarter business update issued on 19 May.
Lum Chang Creations was spun off from Lum Chang, a property management, interior design and construction group, as part of an internal restructuring before making its Catalist debut in July 2025. The mainboard transfer positions the company to pursue a more ambitious growth agenda across Singapore and regional markets, underpinned by a growing pipeline of fit-out and heritage revitalisation projects.




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