business

Econpile wins RM209.3m contract

KUALA LUMPUR: Econpile Holdings Bhd has bagged a RM209.3 million contract from Domain Resources Sdn Bhd to undertake basement and sub-structure works for the proposed Pavilion Damansara Heights (PDH) Parcel 2 mixed development at Jalan Damanlela, Kuala Lumpur.

In a filing with Bursa Malaysia today, Econpile said the letter of award dated Jan 31, 2019, was received by its wholly-owned subsidiary, Econpile (M) Sdn Bhd (EMSB), on Feb 11, 2019.

“The overall duration of the contract is 20 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,” it added.

Most Popular
Related Article
Says Stories