Ecobuilt Holdings Bhd (KL) said that it has secured a RM190 million construction contract, awarded to its wholly-owned subsidiary, Rexallent Construction Sdn Bhd, by ARKITEK KDI Sdn Bhd.
The company did not provide additional project details in its stock exchange filing.
The three-year contract is expected to boost the company’s earnings and net assets for the financial year ending 2024.
Ecobuilt’s share price remained steady at 3.5 sen, giving it a market valuation of RM15 million. –TMR
