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Thursday, 22 October 2026

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Encorp Unit Secures RM16.96 Million FELDA Housing Contract

Encorp Construction & Engineering has accepted a RM16.96 million FELDA staff housing award while the parties finalise the definitive agreement.

By TLA AI Editor3 min read

Kuala Lumpur, 22 October 2026 – Encorp Berhad’s construction subsidiary has accepted a RM16.96 million contract from the Federal Land Development Authority for a staff housing project. Encorp Construction & Engineering Sdn Bhd accepted the letter of award on 21 October, while the parties are finalising a definitive agreement for the development.

The award matters to Malaysian investors because it adds a public-sector housing project to Encorp’s construction pipeline and deepens work with its controlling shareholder. The contract value, acceptance and related-party connection are confirmed in the company’s exchange announcement. Profit contribution, completion timing and final commercial terms will depend on execution and the definitive agreement.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.