Ley Choon seals S$2.8m PUB contract

A SUBSIDIARY of underground utilities construction and road works provider Ley Choon Group Holdings has secured a S$2.8 million contract from the Public Utilities Board (PUB) for the maintenance and servicing of installations in the water supply network in Singapore.

Awarded to wholly-owned subsidiary Teacly (S), the contract will run from 2016 to 2018, mainboard-listed Ley Choon said in a Singapore Exchange filing on Friday.

"The contract is not expected to have any material impact on the Company's earnings or the net tangible assets for the current financial year ending 31 March 2017," Ley Choon said.