Lum Chang Holdings’ managing director David Lum has disposed of 836,300 shares in the company through Ellipsiz Limited in two transactions, which Lum has substantial interests in.
The disposal of these shares has led to a total gain of $356,101.43 for Lum.
Following the disposal of the shares, Lum’s total interest in Lum Chang has decreased to 57.91% of ordinary voting shares.
Shares in Lum Chang closed flat at 43 cents on Sept 12.