Ley Choon Group Holdings Limited has announced a strategic joint venture with The Tunnel Company (Aust) Pty Ltd (TTCA), marking a significant expansion in its pipe-laying business. The joint venture company, Ley Choon TTC (Aust) Tunnelling International Pte. Ltd., was incorporated in Singapore on 8 June 2026, following the agreement between Ley Choon’s subsidiary, Ley Choon Constructions and Engineering Pte Ltd, and TTCA.
The newly formed joint venture aims to engage in pipe jacking operations both in Singapore and internationally. Ley Choon holds a 51% stake in the joint venture, whilst TTCA holds the remaining 49%. The board of directors will comprise five members, with Ley Choon appointing three and TTCA two.
TTCA, an Australian company established in March 2024, specialises in trenchless infrastructure construction, including micro tunnelling and pipe jacking. Its sole director, Tony Guinan, brings 32 years of industry experience. This collaboration allows Ley Choon to leverage TTCA’s expertise and resources, potentially enhancing project execution and long-term shareholder returns.
The joint venture is funded through Ley Choon’s internal resources and is not expected to materially impact the company’s earnings per share or net tangible assets for the financial year ending 31 March 2027. The Board believes this partnership will diversify and grow Ley Choon’s business, aligning with the company’s long-term strategic interests.
