Econpile bags RM18 million Pavillion Damansara Heights contract

20 Sep 2017 / 20:25 H.

    PETALING JAYA: Econpile Holdings Bhd has bagged a RM18million contract to undertake contiguous bored pile (CBP) wall works for the proposed Pavilion Damansara Heights Phase 2 mixed development project.
    The group said in a stock exchange filing that it had on September 20 received the letter of award from Jendela Mayang in relation to the provision of CBP wall works for the project located at Jalan Damanlela, Kuala Lumpur.
    Works are slated to go on for a period of 27 weeks and is expected to conclude in April 2018.
    The contract is expected to contribute positively to its revenue and earnings for the financial year ending June 30, 2018.
    Econpile's shares fell by 1.98% to close at RM2.97 on Wednesday, with some 5.28 million shares changing hands.

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