Ley Choon Constructions and Engineering, the subsidiary of Ley Choon Group Holdings, has secured contracts worth a total of $43.6 million.
The contracts, which are for the laying of underground utilities services and road facilities works, are expected to be completed within 24 to 36 months.
They are also expected to contribute positively to Ley Choon’s earnings per share (EPS) and net tangible assets (NTA) per share from the group’s FY2027 ending March 31, 2027, onwards till completion.
Shares in Ley Choon closed 0.1 cent lower or 0.79% down at 12.5 cents on Feb 2.
