Econpile to focus on expanding market share

KUALA LUMPUR: Piling and foundation specialist, Econpile Holdings Bhd, en route to a listing on the Main Market of Bursa Malaysia, plans to use 30% of the proceeds to purchase machinery and equipment to expand its market share.

“Our current focus is to expand our market share as well as to improve our margins,” said executive director and group chief executive officer Raymond Pang after the launch of Econpile’s prospectus here yesterday.