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- The two contracts follow four contracts worth RM145.96 million Econpile has secured this year.
KUALA LUMPUR (July 4): Econpile Holdings Bhd (KL:ECONBHD) has secured two contracts worth RM57.94 million for construction services as well as material supply and delivery for a proposed development in Ara Damansara, Selangor.
In a bourse filing on Thursday, the construction firm said its wholly owned subsidiary, Econpile (M) Sdn Bhd, has accepted two contracts—a RM27.99 million construction services contract from LFE Engineering Sdn Bhd and a RM29.96 million material supply and delivery contract from LFE Innovative Sdn Bhd.
Both contracts are for a proposed Oasis Ara development by units of LFE Corporation Bhd (KL:LFECORP), which will run for 21 months starting June 30, 2025. The jobs are expected to contribute positively to the company’s revenue and earnings from FY2026 onwards.
The two contracts follow four contracts worth RM145.96 million Econpile has secured this year.
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