Lum Chang Holdings Limited Proposes Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 30 June 2023

Lum Chang Holdings Limited is engaged in the holding of investments and the provision of management services. The principal activities of its subsidiaries consist of construction, project management, property development for sale, and property investment. The Company’s segments include Construction, Property development and Investment, and Investment holding and others. The Construction segment is engaged in the construction of buildings and building extensions, additions, alterations, refurbishment, and restoration of buildings. Property development and investment segment develops property for sale and/or holds properties for its own investment purposes and for hotel operations. Investment holding and others segment is engaged in holding investments and providing management services to companies within the Company. Its portfolio consists of projects across civil and infrastructure, commercial, hospital, hotels, leisure, industrial, institutional, mixed development, and residential.