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 27 March 2017, signed an agreement with Mujur Minat Sdn. Bhd. ("MMSB") to undertake the construction and completion of diaphragm wall at Kampung Baru North Station (the "Contract") as part of the works for the Underground Works Package: design, construction and completion of tunnels, stations and associated structures from Jalan Ipoh North Escape Shaft to Desa Waterpark South Portal, under the Projek Mass Rapid Transit Laluan 2: Sungai Buloh-Serdang-Putrajaya.

Details of the full announcement is attached herewith.

This announcement is dated 28 March 2017.