Econpile Holdings Berhad received a Letter of Award from Suriamega Development Sdn. Bhd. to undertake the sub-structure works for three blocks of SOHO comprising two blocks of 50-storey SOHO and a block of 51-storey SOHO with podium and basement carpark for a project in KL for a total contract sum of RM101.3 million.
The works for the Project are divided into three sections with different dates of commencement. The work for each section is to be completed within 18 months from their respective date of commencement. The date of commencement for Section 1 is 2 October 2023 whereas the dates of commencement for Section 2 and Section 3 are to be confirmed later. The date of commencement for Section 2 will be within six months from the date of commencement of Section 1 whilst the date of
commencement for Section 3 shall be within six months from the date of commencement of Section 2.
The group said the project is expected to contribute positively to the revenue and earnings of the company from the financial year ending 30 June 2024 onwards.
