Econpile gets RM30mil substructure job

KUALA LUMPUR: Econpile Holdings Bhd has received a letter of award from Chingsan Development Sdn Bhd for substructure works for an office building in Shah Alam, Selangor, for RM30mil.

In a filing with Bursa Malaysia, Econpile said the job will entail undertaking the construction and completion of site clearing, earthworks, substructure and structure works for a five-storey basement car park, including the floor slab of lower ground 2 at the building.

“The project shall be completed within 16 months from Feb 24, 2024. The project is expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2024 onwards,” it said.