After DBS released its preliminary assessment, Lin Zengchuang's stock price surged nearly 8% | Lianhe Zaobao

Zaobao
2026.03.10 11:17
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Lum Chang Creations' stock price surged 7.74% on March 10, closing at SGD 0.835, making it the best-performing newly listed stock in the past year. DBS Group Research released a preliminary assessment report with a target price of SGD 1.07, indicating moderate risk. The company's trading volume reached 965,500 shares, showing higher activity than its parent company Lum Chang Holdings. Analysts pointed out that the light asset business model and attractive profit margins are its competitive advantages, and a strong order backlog provides visibility for future profitability