PETALING JAYA: Econpile Holdings Bhd’s wholly owned subsidiary Econpile (M) Sdn Bhd has secured a RM23mil contract from CJ Synergy Solutions Sdn Bhd to undertake the foundation and basement works for an industrial building in Section 20, Petaling Jaya.

       It said in a Bursa Malaysia filing that the development is a five-storey industrial building with single-storey M&E at roof level and a three-storey basement carpark.

       The duration of the project will be nine months from April 18, 2022.

       “The project is expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2022 onwards,” it said.