Ley Choon clinches $35.6m underground utilities contracts
The contracts are expected to be completed within 24 to 36 months.
Ley Choon Group Holdings Limited has secured approximately $35.6m worth of contracts through its subsidiary Ley Choon Constructions and Engineering Pte. Ltd. for underground utilities services.
In a press release, the company said the contracts involve the laying of underground utilities services, with completion expected over a period of around 24 to 36 months.
Ley Choon Group said the contracts are expected to contribute to group earnings, adding that they are not expected to have a material impact on earnings per share or net tangible assets per share for the financial year ending 31 March 2027.
The company stated that none of its directors or controlling shareholders, or their associates, has any interest in the contracts other than their shareholding in the company.