Reference is made to the Company’s announcement dated 14 March 2019.
The Board of Directors of Econpile Holdings Berhad wishes to announce that its wholly-owned subsidiary, Econpile (M) Sdn. Bhd. had on 21 June 2019 been awarded a sum of RM67,767,269.32 together with costs, in relation to the award in the Adjudication proceedings under the Construction Industry Payment & Adjudication Act 2012.
Any further material development of the above matter will be announced in due course.
This announcement is dated 24 June 2019.