Econpile Holdings Bhd
MMYX:ECONBHD0.13
MYR
+0.01
(+4.17%)
Econpile Holdings Bhd
MYX:ECONBHD
(Bursa Malaysia)
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0.13
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- Business
- Econpile Holdings Berhad is a Malaysia-based investment holding company that specializes in deep foundation and substructure engineering and construction services. Founded in 1987 and headquartered in Kuala Lumpur, Malaysia, the company operates primarily through its wholly-owned principal operating subsidiary, Econpile (M) Sdn. Bhd., delivering geotechnical and civil engineering solutions to property developers, main contractors, and government agencies across the residential, commercial, industrial, and public infrastructure sectors primarily in Malaysia, with secondary operational experience in Cambodia. The company provides a comprehensive suite of geotechnical, foundation, and civil engineering services, categorized into: piling and deep foundation services, which include cast-in-situ bored piling, driven and jack-in piling, and micropiling; earth retaining and lateral support systems, comprising contiguous bored pile (CBP) walls, secant pile walls, soldier pile walls, diaphragm walls, steel and concrete sheet piling, ground anchors, and structural steel strutting systems; substructure and civil engineering works, encompassing bulk earthworks, deep basement excavation, pile cap construction, basement slab structural works, top-down and bottom-up construction, bridge substructures, and temporary steel staging platforms; integrated design-and-build engineering solutions, delivering turnkey geotechnical engineering, design optimization, and ground engineering execution; and ancillary operations, including heavy construction machinery and equipment rental, machinery and accessories trading, and investment property holding. In recent operational and strategic developments, Econpile Holdings Berhad has expanded its project pipeline and reinforced its market positioning in Malaysia through multiple substantial contract awards across the high-rise residential and mixed-use commercial construction segments. Recent significant contract wins include a RM39.52 million award for earthworks, bored piling, and substructure works for the W City OUG commercial development in Kuala Lumpur; a RM48.8 million contract for specialist foundation and bored piling works for a 74-storey serviced apartment development in Kuala Lumpur; a RM24 million subcontract for piling and substructure works for an 18-storey residential development in Kemensah, Selangor; and contracts totaling RM33.3 million for high-rise residential and strata office towers in Kuala Lumpur. Operationally, the company has emphasized selective bidding, machinery fleet modernization, and rigorous cost-containment measures against raw material and fuel price volatility, supporting an expansion of its outstanding order book and facilitating a operational turnaround to financial profitability.