--- title: "Lum Chang Holdings has received in-principle approval from the Singapore Exchange to transfer its listing to the mainboard" type: "News" locale: "en" url: "https://longbridge.com/en/news/275872280.md" description: "Lum Chang Creations has received in-principle approval from the Singapore Exchange to transfer from the Catalist board to the mainboard, exempting it from the Catalist Rule 408 listing requirement of being listed for two years. The company's pre-tax net profit reached SGD 16.5 million, and the mainboard listing regulations have lowered the pre-tax profit threshold from SGD 30 million to SGD 10 million. The CEO stated that the mainboard listing will enhance the company's image and visibility, with plans to await approval from the shareholders' meeting. Lum Chang Creations' stock price rose by 3.13% to SGD 0.825, while the parent company Lum Chang Holdings' stock price fell by 9.16%" datetime: "2026-02-13T08:47:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275872280.md) - [en](https://longbridge.com/en/news/275872280.md) - [zh-HK](https://longbridge.com/zh-HK/news/275872280.md) --- # Lum Chang Holdings has received in-principle approval from the Singapore Exchange to transfer its listing to the mainboard Lum Chang Creations has received in-principle approval from the Singapore Exchange to transfer from the Catalist board to the mainboard. The company announced on Friday (February 13) that it is also exempt from complying with Catalist Rule 408, allowing it to transfer to the mainboard without having to be listed on the Catalist board for two years. This is because the Singapore Exchange considered that the date of Lum Chang Creations' first financial report is close to the date of the mainboard's revised regulations. Lum Chang Creations' parent company is Lum Chang Holdings. According to the company's first financial report released on October 8 last year, the company's pre-tax net profit reached SGD 16.5 million, while the mainboard listing regulations were revised on October 29 last year, lowering the pre-tax net profit threshold from SGD 30 million to SGD 10 million. #### Further Reading Lum Chang Creations' net profit for the first half increased by 104% to SGD 11 million Lum Chang Creations' CEO, Lim Tiam Hwee, said: "Listing on the mainboard will enhance our corporate image, increase our visibility among institutional investors, and provide a stronger platform for our next phase of development in Singapore and the region." The plan to transfer to mainboard trading is still subject to approval by shareholders at a special general meeting. As of 4:36 PM on Friday, Lum Chang Creations' stock price rose by 3.13% to SGD 0.825. The stock price of its parent company, Lum Chang Holdings, fell by 9.16% to SGD 0.645 ### Related Stocks - [L19.SG](https://longbridge.com/en/quote/L19.SG.md) ## Related News & Research - [The Trading Awards: Voting is open until 19 May](https://longbridge.com/en/news/286793607.md) - [12:09 ETMGB Home Care Clinicians to Hold Strike Authorization Vote on 5/19 to Secure a Fair Contract and Ensure Quality Patient Care](https://longbridge.com/en/news/286443531.md) - [PTA-HV: Rosenbauer International AG: Voting results for the ordinary general meeting of Rosenbauer International AG on 20. May 2026](https://longbridge.com/en/news/287066674.md) - [DEFINITY FINANCIAL CORPORATION ANNOUNCES ITS 2026 ANNUAL MEETING RESULTS](https://longbridge.com/en/news/286474873.md) - [Chemtrade Logistics Income Fund Announces Voting Results From the Annual Meeting of Unitholders | CGIFF Stock News](https://longbridge.com/en/news/286159282.md)