business

Econpile bags RM120m working bored piles contract

KUALA LUMPUR: Econpile Holdings Bhd subsidiary Econpile (M) Sdn Bhd (EMSB) has secured a RM122 million contract from Jendela Mayang Sdn Bhd to undertake working bored piles for the proposed Pavilion Damansara Heights (Parcel 2) mixed development.

In an exchange filing today, Econpile said the contract comprises construction and completion of working bored piles for the proposed development with an overall duration about 13 months.

“The contract is the main stream business of EMSB and is expected to contribute positively to the revenue and earnings of Econpile for the financial year ending June 30, 2019.”

 

Most Popular
Related Article
Says Stories