Lum Chang was started in the 1940s, a leading construction company listed in SGX. I am writing about them today because I read (in Sunday Times) of a good deed that they have done, helping a family to repair their HDB which was burnt badly. In view of slow down in the property market and tight labour, it says alot of a company to step out during this time and return something back to the society. Here is the news from Sunday Times.
The first time I noticed this company is when they announced that they had invested in a London property - Old Court House along Kensington High Street for 40.19 million pound. And the management said this is to prepare for a possible slowdown in construction and that this investment will provide them a constant income. I thought this management is forward looking and prepare for ...
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