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Ley Choon surges 15% as investors positive on construction upturn

The company’s order book stands at S$220.1 million as at November

Chong Xin Wei
Published Thu, Jan 23, 2025 · 10:29 AM
    • Ley Choon has repaired its finances and appears to be on the way to better fortunes.
    • Ley Choon has repaired its finances and appears to be on the way to better fortunes. PHOTO: BT FILE

    SHARES of construction and engineering company Ley Choon jumped on Thursday (Jan 23) morning, after The Business Times reported that the stock is worth watching as the company is set to ride the construction upturn.

    When the market opened, the counter rose 14.6 per cent or S$0.007 to S$0.055, with about 2.5 million shares changing hands. The last time it traded at such levels was in July 2024.

    By 10.02 am, Ley Choon remained one of the top-traded counters by volume. Its shares were up 12.5 per cent or S$0.006 at S$0.054, with 9.5 million shares transacted.

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