KUALA LUMPUR (May 9): Econpile Holdings Bhd said it has bagged a contract worth RM37.36 million for substructure works in Pantai Dalam, Kuala Lumpur, in a bourse filing on Monday (May 9). The filing said that the project shall be completed within 15 months from May 5, 2022. "There are no foreseeable significant risks other than operational risk associated with the project during the contract period. The management would put in place control measures and operational procedures to reduce the impact or likelihood of such events," Econpile added. On Monday, Econpile's share price dropped one sen to close at 26 sen, valuing the construction group at RM368.6 million.

Source: The Edge Markets May 09, 2022 17:05 UTC