Airfield maintenance work at Changi Airport by Ley Choon Group.
Photo: Company
SGX Mainboard-listed Ley Choon Group is cementing its position as a service provider for airfield maintenance.
After completing three large-scale projects in 2009, 2011 and 2012, Ley Choon has now clinched a S$24.8 million contract from Changi Airport Group to resurface taxiways at Changi Airport.
A leading one-stop service provider for underground utilities construction and road works, Ley Choon said the contract involves the supply and laying of a newly-developed asphalt premix (HMAC PG82), a product of its new R&D centre.
This premix is designed to better withstand deformation due to extreme tropical climate conditions.
Ley Choon Group chairman & CEO Toh Choo Huat. NextInsight file photo.Toh Choo Huat, Executive Chairman and CEO of Ley Choon, said, “Our investment to set up a state-of-the-art R&D centre has paid off. Our R&D in asphalt premix has put Ley Choon at the forefront of the technology to develop greener and higher performing asphalt premix to build roads, runways and taxiways in Singapore.”
The R&D Centre has devised premix with higher composition of recycled aggregates without sacrificing quality and has also devised new formulation that provides better skid resistance for roads to improve road safety.
The premix will be manufactured by the Group’s recently-commissioned asphalt plant.
At a production capacity of 400 tons of asphalt per hour, this plant is the largest single asphalt plant in Singapore.
The Changi Airport contract also includes the installation of new LED airfield lighting on the taxiways, bringing greater reliability and durability, as well as lower power consumption.
Mr Toh said, “Although airfield maintenance is a relatively new business segment of the Group, we have built a strong track record having completed three large scale projects in 2009, 2011 and 2012. We have attained the expertise in conducting airfield maintenance and have also built our own premix manufacturing capability. We believe such synergy can help us win more large scale airfield and road maintenance projects.”
The contract is not expected to have any material impact on the Company’s earnings or the net tangible assets for the year ending 31 December 2015.
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