Hot stock: Ley Choon up as much as 20% after S$63.4m in contract wins

SHARES of Catalist-listed Ley Choon Group Holdings surged as much as 20 per cent, or S$0.003, to S$0.018 at 9.10 am on Tuesday (Jul 26), amid heavy trading.

The counter inched down slightly to S$0.016 at 11.25 am, with some 5.3 million shares changing hands.

This comes after Ley Choon on Monday evening announced that it has secured S$63.4 million worth of contracts for the installation and replacement of underground services and road reinstatement works.