PETALING JAYA: AmInvestment Research has maintained its hold call on Econpile Holdings Bhd as well as its forecasts and fair value of 86 sen based on a 14 times calender year 2018 estimated earnings per share of 6.15 sen.
According to the research firm, Econpile has secured a RM25.9mil contract for site preparation, earthworks, piling and basement works from Putra Perdana Construction Sdn Bhd for a hospital redevelopment project in Kota Damansara, Selangor.
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