KUALA LUMPUR: Econpile Holdings Bhd‘s unit has accepted a contract by MCC Worldwide Incorporation Ltd for the subcontract piling and substructure works for an built-in leisure complicated in Phnom Penh for about US$85.7mil (RM347.6mil).
It mentioned in a submitting with Bursa Malaysia that the mission might be accomplished inside 30 months from the date of graduation.
“The Mission is predicted to contribute positively to the income and earnings of the Firm from the monetary yr ending 30 June 2021 onwards.
“There are not any foreseeable important dangers aside from operational threat related to the Mission throughout the contract interval,” it mentioned.
Earlier than the break, Econpile final traded 0.5 sen or 0.91% greater at 55.5 sen a share on the again of six million shares crossed.