David Lum

Managing Director, Lum Chang Holdings Limited

 

Managing director of Lum Chang Holdings Limited, David Lum is expanding his construction and property development company to Malaysia

David Lum is the managing director for construction, property development and investment company Lum Chang Holdings Limited (LCH), as well as hospitality business Lum Chang Development (LCD). Lum Chang was founded in the 1940s with its origin in construction by its late eponymous founder. Lum joined the business in 1985, and steered it to evolve and grow to include property development, investments and interior finishing works.

In 2020, LCH secured the tender for an industrial project at Kallang Way, which is part of the Geylang planning area. The SG$127.1 million project from Mapletree Industrial Trust is to be executed with DBS Trustee and is scheduled to be completed over 21 months. In 2018, LCH won a $799m LTA contract for the design and construction of the North-South Corridor tunnel that’s scheduled to be ready in 2026.

The company has been listed on the Singapore Exchange since 1984, and Lum has successfully led the expansion of the Group’s property development activities in Singapore and Malaysia. He is also actively spearheading the Group in property investment projects in the UK.

Lum is the brother of the executive chairman of LCH, Raymond Lum, and father of Crib co-founder and executive director of Lum Wen Kay Holdings, Marilyn Lum. Along with his two sons, Adrian and Kelvin Lum, they have also launched a takeover offer for Ellipsiz, a semiconductor equipment provider. Lum is also a board member of the Kwong Wai Shiu hospital and nursing home.

Impacted Industries


Did You Know?


Kwong Wai Shiu hospital and nursing home is one of the oldest charitable healthcare institutions in Singapore.