The Board of Directors of Econpile Holdings Berhad (“the Company”) is pleased to announce that the Company’s wholly-owned subsidiary, Econpile (M) Sdn. Bhd. had on 14 April 2022, received a Letter of Award dated 12 April 2022 from CJ Synergy Solutions Sdn. Bhd. to undertake the foundation and basement works for a 5-storey industrial building with single-storey M&E at roof level and 3-storey basement carpark at Lot 38 (PN 10285), Seksyen 20, Jalan 51/206, Bandar Petaling Jaya, Daerah Petaling, Selangor Darul Ehsan for a total contract sum of RM23,000,000.00.

Details of the full announcement is attached.

This announcement is dated 15 April 2022.