Ley Choon was first listed on the Mainboard back in August 2012 following a reverse takeover of Ultro Technologies.
It then changed its listing to the Catalist in Feb 2017 and it had to go through a debt restructuring exercise and has since made good.
The Mainboard listing will help in the company's "long-term strategic positioning" as a mature, profitable and growth-stage issuer.
In the most recent 1HFY2026 ended Sept 30 2025, earnings was $6.1 million, down 16.9% y-o-y; revenue in the same period was flat at $64.4 million. As of Jan 5, its order book was $325.6 million.
See also: Tiong Woon’s turnaround story goes beyond ‘just rental, rental, rental’
Ley Choon shares closed at 11 cents on Jan 21, up 14% for the day, extending a gain of 128% in the past one year.
