Advancecon’s unit secures RM33.2mil agreement

KUALA LUMPUR: Advancecon Holdings Bhd’s 51%-owned quarry operator, Spring Energy Resources Bhd has secured an agreement worth RM33.2mil to provide quarry operation and ancillary works at a site in Kinta, Perak.

In a statement, Advancecon said Spring Energy’s wholly-owned subsidiary, Spring Energy Sdn Bhd (SESB), had accepted the agreement from quarry owner, Omya Malaysia Sdn Bhd, to operate the site for four years until December 2025.