Group 1 - The core viewpoint of the news is that Chang Le Holdings, a construction and renovation contractor based in Singapore, is positioned to benefit from the anticipated growth in the building construction and renovation sectors in Singapore from 2024 to 2029 [3][4]. - Chang Le Holdings specializes in building construction, maintenance, and renovation projects, primarily serving the public sector [3]. - The company holds a GB1 license issued by the Building and Construction Authority (BCA) of Singapore, allowing it to undertake general construction projects [3]. Group 2 - The building construction industry in Singapore is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2029, while the maintenance and renovation sector is projected to grow at a CAGR of 4.4% during the same period [4]. - By 2029, the market size for the building construction and maintenance sectors is estimated to reach SGD 26 million and SGD 8.9 million, respectively [4]. - In the fiscal years 2023, 2024, and the first four months of 2025, Chang Le Holdings reported revenues of approximately SGD 29.63 million, SGD 20.07 million, and SGD 5.68 million, with gross profits of SGD 4.06 million, SGD 5.35 million, and SGD 0.91 million, respectively [6].