Ecoscience in RM56mil contract win

PETALING JAYA: Ecoscience International Bhd has received a letter of award from Genting Oil Mills (Sabah) Sdn Bhd for the design-build and turnkey replacement of plant and machineries for a 30-tonne-per-hour palm oil mill at Genting Sabapalm oil mill, Sabah, worth RM55.85mil.

In a filing with Bursa Malaysia, the construction engineering firm said the work is scheduled to commence on Jan 31, 2026 and will be completed in 23 months by Dec 31, 2027.

“This timeline encompasses all necessary procedures, including submissions to relevant authorities and the obtaining of the certificate of completion and compliance,” it said.

While the contract will not immediately effect its earnings per share, the firm said it is expected to contribute positively to the group’s earnings over the duration of the contract.