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 29 August 2022, received a Letter of Award dated 26 August 2022 from Ekovest Construction Sdn. Bhd. to undertake Package 2A: construction and completion of piling work at Immigration, Custom and Quarantine Complex (ICQC) for Rapid Transit System Link (RTS Link) between Johor Bahru and Singapore for a total sub-contract sum of RM40,008,615.50.

Details of the full annoucement is attached.

This annoucement is dated 29 August 2022.