Econpile (KLSE:ECONBHD) said its unit Econpile (M) clinched a deal worth 35.1 million ringgit from WCT OUG Development, according to a Wednesday Malaysian bourse filing.
Under the deal, the company will carry out bored piling, earthworks, retaining wall and sub-structure works for a proposed block of 57-story service apartment blocks in Kuala Lumpur, Malaysia.
The project works will be completed within 13 months, the foundation and civil engineering contractor noted.
Shares gained over 2% recently.
Price (MYR): $0.47, Change: $+0.010, Percent Change: +2.20%
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