SINGAPORE (June 13): Mainboard-listed engineering firm Ley Choon Group Holdings announced Monday that it has clinched a $33.6 million contract by the Public Utilities Board (PUB) for the supply and installation of a water transmission pipeline.

The project will commence this month, and expected to be completed by June 2019.

The contract will involve the supply and laying of a twin 1600mm diameter pipeline from AYE / Henderson to Keppel Road, and 1600mm diameter pipeline from Keppel Road to Maxwell Road / Shenton Way.

When completed, the pipeline will serve to improve flow and pressure of water supply to residents.

“Our years of experience in trenchless technology, micro-tunnelling has been a bedrock among the key competitive strengths of the Group,” says Executive Chairman and CEO Toh Choo Huat.

“Leveraging on our expertise in large-diameter micro-tunnelling, we will continue to tender for more pipe-jacking projects,” Toh adds.

Ley Choon last closed at 2.2 cents last Friday.