Econpile wins RM30mil building project


PETALING JAYA: 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 two at the building.

“The project will 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.

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