Econpile unit bags RM35.11mil contract for service apartment works

KUALA LUMPUR: Econpile Holdings Bhd's wholly-owned subsidiary Econpile (M) Sdn Bhd has secured a contract from WCT OUG Development Sdn Bhdto undertake bored piling, earthworks, retaining wall and sub-structure works for two 57-storey service apartment blocks in Petaling, Kuala Lumpur, for RM35.11mil.

In a filing with Bursa Malaysia, the group said the project shall be completed within 13 months from Oct 28, 2024.

The project is expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2025, onwards.