Ley Choon Group Holdings says it has secured four contacts worth approximately $41.98 million for underground services installation and construction works.
The contracts were signed by the group’s subsidiaries, Ley Choon Constructions and Engineering Pte Ltd, and Teacly Pte Ltd.
Ley Choon says the contracts are not expected to have any material impact on the Company’s earnings or the net tangible assets for the current financial year ending March 31, 2021.
Shares in Ley Choon closed 0.2 cents higher, or 16.7% up, at 1.4 cents.