KUALA LUMPUR (Nov 15): Piling specialist Econpile Holdings Bhd has been awarded a RM33.21 million construction job for a mixed development in Damansara.

The development comprises an 18-storey service apartment block, and an 11-storey small office/home office (SOHO) block on top of a seven-storey office and medical centre podium with commercial space.

The 15-month contract was awarded by Cosmo Property Management Sdn Bhd, Econpile said in a filing with Bursa Malaysia.

The job is expected to contribute positively to the group’s revenue and earnings from the financial year ending June 30, 2022 onwards, the group said.

Econpile’s share price closed unchanged at 37.5 sen, for a market capitalisation of RM532 million.

Get the latest news @ www.EdgeProp.my

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories

SHARE
RELATED POSTS
  1. Econpile secures RM35m piling contract for KL apartment project
  2. Econpile bags RM33m piling and substructure jobs in KL
  3. Econpile wins RM71.2m contract for basement-related job in downtown KL