Lum Chang Creations Limited Secures Two Major Contracts Worth Over S\$63 Million
Lum Chang Creations Limited Secures Two Major Contracts Worth Over S\$63 Million
Singapore, 24 November 2025 — Lum Chang Creations Limited (“Lum Chang” or the “Company”), through its wholly-owned subsidiary Lum Chang Interior Pte. Ltd. (“LCI”), has announced the securing of two significant construction contracts with a combined value of approximately S\$63.4 million.
Key Highlights
- Contract 1: Registries of Civil and Muslim Marriages (ROM/M) Redevelopment
- Project: Redevelopment of the Registries of Civil and Muslim Marriages (ROM/M) Building at 7 Canning Rise
- Value: Approximately S\$31.9 million
- Client: Ministry of Social and Family Development
- Duration: Approximately 30 months
- Scheduled Commencement: December 2025
- Contract 2: Orchard Road Presbyterian Church Development
- Project: New erection of a 5-storey Annex Block (Dunman Hall) with basement, and additions & alterations and conservation works to the existing sanctuary at 3 Orchard Road
- Value: Approximately S\$31.5 million
- Client: Orchard Road Presbyterian Church – The Presbyterian Church in Singapore
- Duration: Approximately 24 months
- Scheduled Commencement: November 2025
Impact on Financials
- Both contracts will contribute to the Group’s top line, with revenues recognized progressively according to construction progress.
- However, the deals are not expected to have a material impact on the Group’s earnings per share or net tangible assets per share for the financial year ending 30 June 2026.
- Following these awards, the total outstanding value of construction works yet to be recognized as revenue by LCI stands at approximately S\$160.0 million.
Shareholder & Market Sensitivities
- No directors or substantial shareholders have any direct or indirect interest in these contracts, other than through their respective shareholdings in the Company.
- The securing of these contracts underlines LCI’s ability to win significant projects from both government and private sector clients, potentially reflecting positively on management’s execution capabilities and the Group’s order book visibility.
- Investors should note that while these wins add to the Group’s future revenue pipeline, their immediate impact on current year profitability is not expected to be material.
Other Important Information
- This announcement has been reviewed by the Company’s sponsor, RHT Capital Pte. Ltd., but has not been examined or approved by the Singapore Exchange Securities Trading Limited.
- Contact for Sponsor: Mr. Leong Weng Tuck, 36 Robinson Road, #10-06 City House, Singapore 068877, Email: [email protected].
Conclusion
The award of these two contracts marks a notable addition to the Group’s construction order book, reaffirming its market position and growth prospects. While the contracts are sizable, the Company has clearly stated they will not have a significant impact on near-term earnings, suggesting the primary value lies in longer-term revenue visibility and potential for future margin expansion as projects progress.
Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to buy or sell any securities. Please consult your financial advisor before making any investment decisions. The information herein is based solely on the Company’s public announcement and may be subject to further updates or clarifications.
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