Lum Chang Creations Limited said it received approval in-principle on Feb, 12 2026 from Singapore Exchange Securities Trading Limited (SGX-ST) to transfer its listing from the Catalist board to the Mainboard.

The bourse also granted the construction group a waiver from Catalist Rule 408(1), which normally requires at least two years of Catalist listing before a transfer. The waiver took into account the company’s audited pre-tax profit of 16.5 million Singapore dollars reported on Oct, 08 2025 and the lowering of the Mainboard profit entry threshold to 10 million Singapore dollars later that month.

Conditions attached to the approval include: • Compliance with all Mainboard listing rules. • Disclosure of the waiver details and confirmation that requirements are met. • Board confirmation that the waiver does not breach any laws or the company’s constitution. • Shareholder approval of the transfer by special resolution. • Submission of customary undertakings and confirmations, and completion of a placement to meet Mainboard public-float rules.

SGX-ST also allowed amendments to the voluntary moratorium provided by major shareholder Lim Thiam Hooi, subject to additional disclosures in the forthcoming shareholder circular and abstention from voting by Lim, Lum Chang Holdings and their associates.

A circular setting out the transfer and moratorium changes will be dispatched ahead of an extraordinary general meeting, the company said.

Lum Chang Creations cautioned investors that there is no certainty shareholders will approve the proposals or that the transfer will be completed.