Econpile wins RM66mil road upgrade job


PETALING JAYA: Econpile Holdings Bhd has received a letter of award from Ahmad Zaki Resources Bhd to undertake road upgrade works at Cameron Highlands, Pahang, for RM65.5mil.

In a filing with Bursa Malaysia, the company said the project will be completed within 33 months from Jan 2, 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.

“There are no foreseeable significant risks other than operational risk associated with the project during the contract period,” it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Econpile , CameronHighlands , RoadUpgrade

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read