The Board of Directors of Econpile Holdings Berhad (“Econpile”) is pleased to announce that its wholly-owned subsidiary, Econpile (M) Sdn. Bhd. (“EMSB”) has on 31 March 2016, received a Letter of Acceptance dated 24 March 2016 from Eco Meridian Sdn. Bhd. to undertake the construction and completion of contiguous bored pile, bored pile and basement works for a hotel development on Lot PT 6608, Jalan Tun Dr Awang, Mukim 12, Daerah Daya, Pulau Pinang (the “Contract”).
Details of the full announcement is attached herewith.
This announcement is dated 31 March 2016.