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 18 May 2021, received a Letter of Award dated 11 May 2021 from Satin Magic Sdn. Bhd. to undertake the Work Package: Demolition, Site Clearance, Earthworks, Site Works and Reinforced Concrete Works to LG2 & LG3 Slab for a 7-storey luxurious apartment with 3-storey basement at Lots 45798, 51976, 51977, 51978, 51979, 51980, 58419, 58420, 58421, 58422, 58423 and 58424, Jalan Setia Kasih, Bukit Damansara, Mukim Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur for a total contract sum of RM27,088,000.00.

Details of the full announcement is attached.

This announcement is dated 18 May 2021.