Lum Chang Creations Secures S\$63.4 Million in Dual Contract Wins: Order Book and Revenue Visibility Strengthened
Lum Chang Creations Secures S\$63.4 Million in Major Contract Wins, Significantly Extending Revenue Visibility to 2028
Key Developments That May Impact Shareholder Value
- Lum Chang Creations Limited (“LCC”) has clinched two contracts, totalling approximately S\$63.4 million.
- The wins comprise:
- A S\$31.9 million public sector redevelopment project for the Ministry of Social and Family Development (MSF).
- A S\$31.5 million private sector project for Orchard Road Presbyterian Church.
- These contracts reinforce the company’s order book and deliver revenue certainty until 2028.
- Both projects demonstrate LCC’s capabilities in handling high-value, sensitive, and complex assignments in both public and private sectors.
Details of the Contracts Awarded
1. Ministry of Social and Family Development (MSF) Redevelopment Project
- Contract Value: Approximately S\$31.9 million
- Scope: Redevelopment of the Registries of Civil and Muslim Marriages (ROM/M) Building at 7 Canning Rise
- Project Duration: 30 months
- Start Date: 4 December 2025
- Expected Completion: 3 June 2028
- Significance: This contract solidifies LCC’s reputation for executing sophisticated and sensitive public infrastructure projects, enhancing its profile for future government tenders.
2. Orchard Road Presbyterian Church Project
- Contract Value: Approximately S\$31.5 million
- Scope: Construction of a new 5-storey annex block (Dunman Hall) with basement, plus additions, alterations, and conservation works to the existing sanctuary
- Contract Award Date: 20 November 2025
- Project Duration: 24 months
- Expected Completion: 20 November 2027
- Significance: The project demonstrates LCC’s expertise in conservation, restoration, and complex institutional construction, supporting its competitive position in the private sector.
Strategic and Financial Implications for Shareholders
- Order Book Strengthened: The addition of S\$63.4 million in new contracts materially increases the company’s secured future revenue, helping to underpin financial stability and visibility through 2028.
- Balanced Sector Exposure: The awards from both government and institutional clients maintain LCC’s diversified order book, reducing reliance on any single sector.
- Potential for Price Sensitivity: The substantial contract wins, especially in the current environment, may be viewed favourably by investors and could positively impact share price due to improved earnings visibility and demonstration of execution capability.
- Reputation and Future Tender Prospects: Successful delivery of these high-profile projects may position LCC for further contract wins in both public infrastructure and private conservation sectors.
- Revenue Visibility: With clear contract timelines stretching into 2028, shareholders benefit from predictable revenue streams and reduced uncertainty over future cash flows.
Management Commentary
Mr. Lim Thiam Hooi, Managing Director of LCC, commented: “These two high-value contracts reflect the confidence our clients have in our capabilities and project delivery standards. The S\$63.4 million in new contracts strengthens our order book considerably, maintains our balanced exposure across government and institutional clients, and provides clear revenue visibility extending into 2028.”
About Lum Chang Creations Limited
Lum Chang Creations Limited, listed on the Catalist Board of the Singapore Exchange, is a leading specialist in interior fit-out, conservation, and restoration contracting. The Group serves a diverse client base that spans commercial, retail, F&B, hospitality, government agencies, institutions, and banking sectors in Singapore and overseas. These contract wins further cement its reputation for quality and reliability in the construction and restoration domain.
Contact Information
Investor Relations & Media: Ms Emily Choo
Mobile: +65 9734 6565
Email: [email protected]
Disclaimer
This article is for informational purposes only and does not constitute an offer or solicitation to buy or sell securities in Singapore or elsewhere. Forward-looking statements herein are subject to risks, uncertainties, and assumptions. Actual results may differ materially from those projected. Investors are advised not to rely unduly on these statements and to seek professional advice before making investment decisions.
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