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EconBHD has previous history & experience on piling works for Gamuda KVMRT2 and Gabungan Strategik Sdn Bhd's LRT3. I hope GAMUDA will award Econbhd piling works in LRT Penang and also LRT3 extension in Lembah Klang
I think many retail traders buy shares at new lows and hoping Econbhd will jump BUT to their disappointment, it didn't happen. When they realise this, they are forced to sell.. Let's wait.
As at 30 June 2023, there are 25 on-going projects at various stages of completion. Order book stood at approximately RM 475.7 million as at 30 June 2023. The Group believes that its track record, existing fleet in Phnom Penh and positive progress in its present undertakings, standing it in good stead for more projects in Cambodia.