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Ley Choon subsidiaries secure contracts worth $18.5 mil

Bryan Wu
Bryan Wu • 1 min read
Ley Choon subsidiaries secure contracts worth $18.5 mil
The contracts are not expected to have any material impact on the company’s earnings or the net tangible assets for the FY2024 ending March 31. Photo: Ley Choon
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Ley Choon Group Holdings Q0X

has announced that its subsidiaries, Ley Choon Constructions and Engineering and Chin Kuan Engineering and Contractors, have successfully secured contracts worth a total of approximately $18.5 million.

The contracts, for the repair and maintenance of underground utilities services, are expected to be completed within approximately 24 to 36 months. 

They are not expected to have any material impact on the company’s earnings or the net tangible assets for the FY2024 ending March 31.

Shares in Ley Choon closed 0.1 cents lower or 2.63% down 3.7 cents on Feb 6.

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