Lum Chang Creations Revises Managing Director’s Performance Bonus Down to S$ 1.37 Million

Bitget2026/10/20 09:20

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Lum Chang Creations cut its managing director's FY2026 performance bonus to S$ 1.37 million from S$ 1.4 million following an SGX query.
The original calculation excluded minority-interest adjustments; the corrected bonus equals 5% of adjusted consolidated pretax profit of S$ 27.48 million.
Total bonus was revised to S$ 1.41 million, including an unchanged annual wage supplement of S$ 38,670.
Payment of the performance bonus will follow shareholder approval of the audited financial statements at the forthcoming annual general meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lum Chang Creations Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: BHQUCB9V7VTJ3JJH) on October 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lum Chang Creations Revises Managing Director’s Performance Bonus Down to S$ 1.37 Million

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