Ley Choon’s mainboard bid set to be a price catalyst

[SINGAPORE] In January 2025, I wrote that Ley Choon Group might be a stock to watch, as the provider of underground utilities infrastructure construction and road works services had repaired its finances, and stood to ride on Singapore’s infrastructure boom.

Post that commentary, its share price rose a staggering 73.3 per cent over the course of the year. In comparison, the blue-chip barometer Straits Times Index booked an increase of 22.7 per cent in 2025.

The higher share price likely has its foundation in Ley Choon’s better financial performance.