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Ley Choon Wins S$43.6 Million in Underground Utilities and Road Works Contracts

Story Highlights
  • Ley Choon secured S$43.6 million in new underground utilities and road works contracts.
  • These projects should boost earnings and asset values from FY2027, strengthening revenue visibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ley Choon Wins S$43.6 Million in Underground Utilities and Road Works Contracts

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Ley Choon Group Holdings Ltd. ( (SG:Q0X) ) has provided an announcement.

Ley Choon Group Holdings has secured new contracts worth approximately S$43.6 million for underground utilities and road facilities works, to be executed by its subsidiary Ley Choon Constructions and Engineering over an estimated 24 to 36 months. The contracts are expected to enhance the group’s financial performance, contributing positively to earnings per share and net tangible assets per share from the financial year ending 31 March 2027 onwards, underscoring steady project visibility and revenue pipeline for stakeholders, with no conflicts of interest disclosed among directors or controlling shareholders.

More about Ley Choon Group Holdings Ltd.

Ley Choon Group Holdings Ltd., through its subsidiary Ley Choon Constructions and Engineering Pte. Ltd., operates in the infrastructure and construction sector in Singapore, focusing on the laying of underground utilities services and associated road facilities works.

Average Trading Volume: 7,193,201

Technical Sentiment Signal: Buy

Current Market Cap: S$189.7M

See more data about Q0X stock on TipRanks’ Stock Analysis page.

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