Advancecon postpones prospectus launch

When contacted, Advancecon group chief executive officer Datuk Phum Ang Kia said it was unable to give a new date for the prospectus launch at this juncture, pending queries from the SC.

PETALING JAYA: Main Market-bound Advancecon Holdings Bhd has postponed the prospectus launch of its initial public offering (IPO) because of outstanding queries from the Securities Commission (SC).

The Kuala Lumpur-based earthworks and civil engineering services specialist, which was supposed to launch its prospectus yesterday, has not given a new date.