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Ley Choon Group secures two contracts worth $16.1 mil

Felicia Tan
Felicia Tan • 1 min read
Ley Choon Group secures two contracts worth $16.1 mil
Shares in Ley Choon closed 0.1 cent higher or 6.25% up at 1.7 cents on Jan 5.
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Ley Choon Group Holdings has secured two contracts with a total of $16.1 million.

The contracts, which are for the condition assessment and urgent repairs of underground services, were clinched by the group’s subsidiaries, Teacly and Chin Kuan Engineering and Contractors.

The contracts are not expected to have any material impact on the company’s earnings or net tangible assets per share for the current financial year ending March 31.

Shares in Ley Choon closed 0.1 cent higher or 6.25% up at 1.7 cents on Jan 5.

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