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Lum Chang’s MD David Lum disposes 1,022,000 shares in company; gains $433.451.16

Nicole Lim
Nicole Lim • 1 min read
Lum Chang’s MD David Lum disposes 1,022,000 shares in company; gains $433.451.16
Lum also disposed of 836,000 shares on Sept 12 through two transactions, leading to a gain of $356.101.43 for him. Photo: The Edge Singapore
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The managing director of Lum Chang Holdings David Lum has disposed of 1,022,000 shares in the company through Ellipsiz Limited, the third time since his previous selling of shares on Sept 12.

The disposal of the shares on Sept 18 has led to a gain of $433.451.16 for Lum, bringing his total interest to 57.64% of the total number of ordinary voting shares.

Lum disposed of 836,000 shares on Sept 12 through two transactions, leading to a gain of $356.101.43 for him.

Shares in Lum Chang closed 0.5 cents higher or 1.176% up at 43 cents on Sept 18.

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