Ley Choon

[funman168]

http://infopub.sgx.com/Apps?A=COW_CorpAn...3HT4NoaySM
Any buddies invested in this counter?
Any opinion on it?
Thanks!

[Stephentoh]

Ley Choon Group wins $38 mil contract in Sri Lanka

Ley Choon Group Holdings, the provider of underground utilities construction and road works, won its maiden contract in Sri Lanka for the rehabilitation of 10 km of sewer lines and assessment of 125 km of sewer lines within Colombo Municipal Council Area at a contract value of $38.2 million.

The contract was signed between Ley Choon’s wholly-owned subsidiary, Teacly (S) Pte Ltd, and the Ministry of Local Government and Provincial Councils Sri Lanka. The project has a scheduled delivery time of two and a half years.

The contract is part of Sri Lanka’s US$116 million Greater Colombo Waste Water Management Project, funded by the Asian Development Bank, to enhance the existing public sewerage system with the aim of improving urban environment and public health.

Toh Choo Huat, Executive Chairman and CEO of Ley Choon, says: “Our technical expertise in sewer rehabilitation and trenchless micro tunneling for pipe jacking is highly recognised as our core competency in bidding international projects. This contract win further elevates Ley Choon’s reputation, auguring well for sustainable overseas expansion beyond Brunei, China and Sri Lanka. Demand for underground infrastructure construction and upgrading remains robust in fast-growing countries such as Sri Lanka, whose GDP growth registered at 7.3% in 2013.”

[greengiraffe]

http://www.businesstimes.com.sg/premium/...s-20140920

PUBLISHED SEPTEMBER 20, 2014
Ley Choon's asphalt-recycling plant opens
S$30m plant, largest in S'pore by capacity, boasts a S$2m R&D centre
BYCHAN YI WEN
yiwenc@sph.com.sg @chanyiwenbt

Mr Teo (centre) visiting the S$2m R&D centre. With him are Ley Choon chairman and CEO Toh Choo Huat (left) and Dr Low Boon Hwee, group technical director
Singapore
LOCAL underground-utilities infrastructure company Ley Choon Group Holdings has officially opened its S$30 million asphalt-recycling plant - the largest in Singapore by production capacity.
The construction of Ley Choon's second asphalt-recycling plant, which is located in Sungei Kadut, commenced in 2012.
Asphalt, also known as bitumen, is commonly used in the construction and maintenance of roads. The production capacity of 400 tonnes of asphalt per hour at the new 45-metre tall plant more than trebles Ley Choon's asphalt production capacity to 575 tonnes per hour.

[CityFarmer]

Moving from Main board to Catalist, needs to get thru SGX approval...

(not vested)

SGX rejects Ley Choon Group Holdings’ proposed transfer to Catalist

SINGAPORE (Dec 18): Singapore Exchange has rejected Ley Choon Group Holdings ( Valuation: 0.90, Fundamental: 0.20)’ application for a proposed transfer of listing from the Mainboard to Catalist.
...
http://www.theedgemarkets.com/sg/article...r-catalist

[cyclone]

Change of Financial Year End from 31 December to 31 March.
Reason : The Company intends to change its auditors, subject to shareholders' approval being sought at an extraordinary general meeting. In the event that shareholders' approval is obtained for the proposed change of auditors, the new auditors appointed will require more time to prepare the next set of audited full year financial statement.

[Jack EL]

May I know if anyone attended the AGM last Friday? Any special info?