The RM60.58mil contract was awarded to Advancecon Infra Sdn Bhd by China Communications Construction Sdn Bhd and will start from March 1,2021, until April 15,2023.
KUALA LUMPUR: Advancecon Holdings Bhd’s subsidiary has been appointed the subcontractor for the proposed construction and completion of subgrade works for Package 3, Section 4 of the East Coast Rail Link project.
The RM60.58mil contract was awarded to Advancecon Infra Sdn Bhd by China Communications Construction Sdn Bhd and will start from March 1,2021, until April 15,2023.
“Barring any unforeseen circumstances, the contract is expected to contribute positively towards the future earnings of the Advancecon group for the duration of the contract and will not have any effect on the group’s share capital and substantial shareholders’ shareholdings, ” it told Bursa Malaysia.
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