Lum Chang Creations Set to Benefit from Transfer to Singapore Exchange's Mainboard

Dow Jones

Jul 16

0317 GMT - Lum Chang Creations stands to benefit from its transfer to Singapore Exchange's Mainboard from the Catalist Board, UOB Kay Hian analysts say in a research report. The company has recently announced that it has fulfilled all conditions for this transfer, the analysts note. This transfer underscores management's confidence in the sustainability of the company's core business and its readiness to progress to next stage of growth. Also, the urban revitalization specialist's recent share-placement and bonus issue enhance its capital base, trading liquidity, and readiness for Mainboard listing. The brokerage raises the stock's target price to 0.510 Singapore dollars from S$0.390 with an unchanged buy rating. Shares are 2.6% lower at S$0.375. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 15, 2026 23:17 ET (03:17 GMT)

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The company has recently announced that it has fulfilled all conditions for this transfer, the analysts note. This transfer underscores management's confidence in the sustainability of the company's core business and its readiness to progress to next stage of growth. Also, the urban revitalization specialist's recent share-placement and bonus issue enhance its capital base, trading liquidity, and readiness for Mainboard listing. The brokerage raises the stock's target price to 0.510 Singapore dollars from S$0.390 with an unchanged buy rating. Shares are 2.6% lower at S$0.375. 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The company has recently announced that it has fulfilled all conditions for this transfer, the analysts note. This transfer underscores management's confidence in the sustainability of the company's core business and its readiness to progress to next stage of growth. Also, the urban revitalization specialist's recent share-placement and bonus issue enhance its capital base, trading liquidity, and readiness for Mainboard listing. The brokerage raises the stock's target price to 0.510 Singapore dollars from S$0.390 with an unchanged buy rating. Shares are 2.6% lower at S$0.375. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2026 23:17 ET (03:17 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6045","symbol_name":"建筑与工程","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651726490","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651726490","pubTimestamp":1784171820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0317 GMT - Lum Chang Creations stands to benefit from its transfer to Singapore Exchange's Mainboard from the Catalist Board, UOB Kay Hian analysts say in a research report. The company has recently announced that it has fulfilled all conditions for this transfer, the analysts note. This transfer underscores management's confidence in the sustainability of the company's core business and its readiness to progress to next stage of growth. Also, the urban revitalization specialist's recent share-placement and bonus issue enhance its capital base, trading liquidity, and readiness for Mainboard listing. The brokerage raises the stock's target price to 0.510 Singapore dollars from S$0.390 with an unchanged buy rating. Shares are 2.6% lower at S$0.375.  Dow Jones NewswiresJuly 15, 2026 23:17 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6045":"建筑与工程","LCC.SI":"林增创筑有限公司"},"translate_title":"Lum Chang Creations 将受益于转移到新加坡交易所主板","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LCC.SI":1.97},"content_text":"0317 GMT - Lum Chang Creations stands to benefit from its transfer to Singapore Exchange's Mainboard from the Catalist Board, UOB Kay Hian analysts say in a research report. The company has recently announced that it has fulfilled all conditions for this transfer, the analysts note. This transfer underscores management's confidence in the sustainability of the company's core business and its readiness to progress to next stage of growth. Also, the urban revitalization specialist's recent share-placement and bonus issue enhance its capital base, trading liquidity, and readiness for Mainboard listing. The brokerage raises the stock's target price to 0.510 Singapore dollars from S$0.390 with an unchanged buy rating. Shares are 2.6% lower at S$0.375. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2026 23:17 ET (03:17 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}