PETALING JAYA: Econpile Holdings Bhd
, through its wholly-owned subsidiary Econpile (M) Sdn Bhd, has bagged two separate contracts from LFE Engineering Sdn Bhd and LFE Innovative Sdn Bhd for a combined sum of RM57.95mil.
In a filing with Bursa Malaysia, the construction firm said the contracts are in relation to the construction services and the supply and delivery of material for the design and build of alteration, underpinning, and strengthening works for the proposed development of Oasis Ara, at Ara Damansara, Selangor.
Econpile clinched the construction services contract worth RM27.99mil from LFE Engineering, as well as the material supply and delivery contract worth RM29.96mil from LFE Innovative.
The contract period of both awards is 21 months from June 30, 2025, and are expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2026 onwards.
