Ley Choon Group, on Feb 6, announced that it has clinched contracts worth approximately $153 million.
The contracts were secured through its subsidiaries Ley Choon Constructions and Engineering Pte Ltd, Teacly (S) Pte Ltd and Pan Alliance Technology International Pte. Ltd., as well as through Ley Choon Constructions and Engineering Pte Ltd’s 51% partnership, Ley Choon Gim Tian Joint Venture LLP.
The contracts were secured for road infrastructure maintenance works, laying and installation of underground utilities services.
The contracts are expected to be completed within 36 months and will progressively contribute to the group’s financial performance after they commence.
Shares in Ley Choon closed flat at 1.7 cents on Feb 3.
