The Board of Directors of Econpile Holdings Berhad (“the Company”) is pleased to announce that the Company’s wholly-owned subsidiary, Global Piling Solutions Co., Ltd. had on 30 May 2023, received a Letter of Acceptance dated 30 May 2023 from Odom Living Co., Ltd. to undertake Work Package: Bored Pile and Diaphragm Wall Works for Odom development at Norodom Boulevard, Sangkat Tonle Bassac, Phnom Penh, Kingdom of Cambodia for a total contract sum of USD9,500,000.00 (equivalent to approximately RM43,771,250.00).

Details of the full announcement is attached.

This announcement is dated 31 May 2023.