Advancecon's indirect subsidiary secures contract for mining works

KUALA LUMPUR: Advancecon Holdings Bhd's indirect 51%-owned subsidiary Spring Energy Sdn Bhd has entered into a mining services agreement with Imerys Minerals Malaysia Sdn Bhd to carry out mining works at Gunung Terundum in the Simpang Pulai/Keramat Pulai area.

In a filing with Bursa Malaysia, the group said the agreement will be for a period of 42 months from July 1, 2024, to Dec 21, 2027.