Latest news with #Econpile(M)SdnBhd
New Straits Times
11-07-2025
- Business
- New Straits Times
Econpile secures RM98.2 mln construction project in Klang
KUALA LUMPUR: Econpile Holdings Bhd's (Econpile Holdings) wholly-owned subsidiary, Econpile (M) Sdn Bhd, has secured a RM98.2 million construction contract from Eastmont Sdn Bhd for a proposed industrial development in Klang, Selangor. It said the award entails bored piling works for blocks C and D and basement construction for block C, including pile cap works for block D for the proposed project. "The project shall be completed within 13 months from July 30, 2025 and is expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2026 onwards," Econpile Holdings said in a filing with Bursa Malaysia today. It said that there are no foreseeable significant risks other than operational risk associated with the project during the contract period. "The management would put in place control measures and operational procedures to reduce the impact or likelihood of such events," it added.
New Straits Times
09-07-2025
- Business
- New Straits Times
Econpile secures RM27mil piling contract in Selangor
KUALA LUMPUR: Construction firm Econpile Holdings Bhd has secured a RM27 million contract for piling and pile cap works for two 37-storey serviced apartment blocks in Kelana Jaya, Selangor. In a filing with Bursa Malaysia today, the company said the contract was awarded to its wholly owned subsidiary, Econpile (M) Sdn Bhd, by Bayu Melati Sdn Bhd. The project, located at Lot 72699, Off Jalan SS8/6, comprises 1,155 apartment units and is scheduled for completion within 12 months from July 14, 2025. Econpile said the contract is expected to contribute positively to its revenue and earnings for the financial year ending June 30, 2026. "There are no foreseeable significant risks beyond the usual operational risks during the contract period," it noted, adding that mitigation measures would be in place to minimise potential impacts. The company also confirmed that none of its directors, major shareholders, or connected persons have any interest in the project.
The Star
04-07-2025
- Business
- The Star
Econpile wins contracts worth RM58mil
The contracts are expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2026. 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 were 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 the 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.
The Star
03-07-2025
- Business
- The Star
Econpile wins RM58mil contracts for Oasis Ara project in Selangor
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.
Malaysian Reserve
03-07-2025
- Business
- Malaysian Reserve
Econpile secures RM58m construction and supply contracts for Oasis Ara project
ECONPILE Holdings Bhd has clinched two contracts worth a combined RM57.95 million for construction and material supply works related to the Oasis Ara development in Ara Damansara, Selangor. In a filing with Bursa Malaysia, the company said its wholly owned subsidiary, Econpile (M) Sdn Bhd, received letters of award on July 2 from LFE Engineering Sdn Bhd and LFE Innovative Sdn Bhd. The first contract, valued at RM27.99 million, was awarded by LFE Engineering for construction services involving alteration, underpinning, and strengthening works. The second, worth RM29.96 million, was awarded by LFE Innovative for the supply and delivery of materials for the same project. The contracts are scheduled to run for 21 months from June 30, 2025. Econpile said the awards are expected to contribute positively to its revenue and earnings from the financial year ending June 30, 2026 onwards. — TMR
