ECONBHD

0.495

+0.005 (+1%)

OTHERS Notice of Termination of Sub-Contract for the Execution and Completion of Foundation, Substructures and Other Ancillary Works, Package CA3 of Projek Penswastaan Lebuhraya Bertingkat Sungai Besi-Ulu Kelang (Sub-Contract No: GSSB/CONT/SUKE-CA3/8.9.2/LA-001)

ECONPILE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Notice of Termination of Sub-Contract for the Execution and Completion of Foundation, Substructures and Other Ancillary Works, Package CA3 of Projek Penswastaan Lebuhraya Bertingkat Sungai Besi-Ulu Kelang (Sub-Contract No: GSSB/CONT/SUKE-CA3/8.9.2/LA-001)

The Board of Directors of Econpile Holdings Berhad (“the Company”) wishes to announce that its wholly–owned subsidiary, Econpile (M) Sdn Bhd’s joint venture partner, China Communication Construction Company (M) Sdn Bhd had on 7 January 2022 issued a Notice of Termination to Gabungan Strategik Sdn Bhd, being the Work Package Contractor, for breach of the Sub-Contract for the Execution and Completion of Foundation, Substructures and Other Ancillary Works for Projek Penswastaan Lebuhraya Bertingkat Sungai Besi-Ulu Kelang Package CA3 – Construction and Completion of Mainline and Other Associated Works from CH.4200 to CH.7800.

Details of the full announcement is attached.
This announcement is dated 19 January 2022.




Please refer attachment below.



Announcement Info

Company Name ECONPILE HOLDINGS BERHAD
Stock Name ECONBHD
Date Announced 19 Jan 2022
Category General Announcement for PLC
Reference Number GA1-19012022-00007