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 6 May 2022, received a Letter of Award dated 22 April 2022 from Domain Resources Sdn. Bhd. to undertake the substructure works for a proposed phased development comprising Phase 1 Affordable Homes (PT7) - single block of residential units and Phase 2 (PT8) - three (3) blocks of residential units at Lot PT.7 and PT.8, Seksyen 98, Jalan Pantai Dalam, Daerah Kuala Lumpur, Wilayah Persekutuan for a total sub-contract sum of RM37,355,310.65.

Details of the full announcement is attached.

This announcement is dated 9 May 2022.