The late Mr Lum Chang started contracting business as sole-proprietor under Lum Chang General Contractors.
Lum Chang Building Contractors Pte Ltd (LCBC) was incorporated on 15 September 1970.
Lum Chang Holdings Pte Ltd was incorporated on 18 September 1982.
Lum Chang Holdings Limited (LCH) was listed on the Singapore Stock Exchange on 28 December 1984.
On 3 July 1987, LCBC & Nishimatsu Construction Co Ltd, Japan forms Nishimatsu Lum Chang J.V. (Construction & Civil Engineering) Pte Ltd.
LCBC was ranked by the former Construction Industry Development Board (CIDB), now known as Building and Construction Authority (BCA) after its merger with Public Works Department (PWD), as the top local contractor in terms of turnover for eight consecutive years.
Diversified into hotel business and developed the Holiday Inn City Centre Guangzhou, China and Holiday Inn Resort Phuket, Thailand.
Its construction arm attained a G8 grading in General Building & Civil Engineering by the former Construction Industry Development Board (CIDB), now known as Building and Construction Authority (BCA) after its merger with Public Works Department (PWD).
Diversified into stockbroking business and acquired its stockbroking licence from the defunct City Securities and incorporated Lum Chang Securities Pte Ltd on 21 July 1988.
Acquired Singapore's historical conservation pre-war shophouses in Chinatown and became the largest private owner of shophouses.
Acquired Eu Yan Sang Holdings Ltd (EYS), a pharmaceutical business, and renamed it as L.C. Development Ltd to focus on property and leisure businesses. (L.C. Development Ltd is now known as LCD Global Investments Ltd)
Made 1st infrastructure investment in Singapore-Suzhou Township Development Consortium and is awarded construction of township earthworks and ancillary works & Singa Plaza, China.
Jointly with Singapore Press Holdings Ltd (SPH), the Group acquired two prominent properties in prime Orchard Road, The Paragon & The Promenade. (These two properties were subsequently sold back to SPH in exchange for freehold bungalows along Swettenham Road in 2001.)
Awarded the SS ISO 9002:1994 by the former Construction Industry Development Board (CIDB), now known as Building and Construction Authority (BCA) after its merger with Public Works Department (PWD).
In 2000, the Group diversified into the World Wide Web business and incorporated Creation Street.com. The web business subsequently ceased operations in 2003.
Divested Lum Chang Securities Pte Ltd in view of liberalisation of the stockbroking business in 2001.
LCH won the “The Most Transparent Company Award”, Construction Category, Securities Investors Association (Singapore) SIAS Investors Choice Awards for 2005 and 2006.
Acquired sizeable land bank in Kuala Lumpur for residential and commercial developments.
L.C. Development Ltd was demerged from LCH on 31 October 2005.
Awarded the design and construction of station at Bukit Panjang and tunnels for Downtown Line Stage 2 Contract 912 (C912). LCBC became the first local builder to clinch an MRT project of such scale and complexity on its own.
Conferred the Green and Gracious Builder (Excellent) Award by the Building and Construction Authority (BCA).
Conferred BCA Construction Excellence Award (Civil Engineering Category) for the massive construction of the Influent Pumping Station (IPS) in 2008.
Purchased a piece of land at 12 & 14 Kung Chong Road in 2010 for tenure of 43 years. The land was subsequently developed into a 9-storey office building where the Group occupies two storeys and the remaining units were leased out to tenants.
Conferred the Building and Construction Authority (BCA) of Singapore Awards 2011 for :
Participated in the Construction Engineering Capability Development (CED) Programme, an initiative developed by the Building and Construction Authority (BCA) to assist builders to strengthen their engineering capabilities and take on more complex construction projects.
Awarded bizSAFE Star Category by The Workplace Safety and Health Council.
Conferred the Green and Gracious Builder Award (STAR Category) by the Building and Construction Authority (BCA).