Lum Chang Creations eyes SGX Mainboard transfer, EGM set for May vote
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Lum Chang Creations plans to transfer from the SGX Catalist Board to the SGX-ST Mainboard, seeking shareholder approval at an extraordinary general meeting on May 25. This move follows a 104% year-on-year profit increase to $11 million in the first half of 2026. Shareholders will also vote on a bonus issue of up to 330 million new shares, amendments to moratorium undertakings, and a new share issue mandate to comply with Mainboard requirements. The proposals aim to enhance the company's corporate profile and broaden its investor base.
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