KUALA LUMPUR: Advancecon Holdings Bhd
via its wholly-owned subsidiary Advancecon Infra Sdn Bhd has been appointed the contractor for the construction of earthworks and ancillary works for stage 1 (package 2) at Lagong Mas in Gombak, Selangor, for RM68.51mil.
It said in a filing with Bursa Malaysia the contract, awarded by Sime Darby Property (Lagong) Sdn Bhd, shall run from June 4, 2025, to Dec 3, 2026.
"Barring any unforeseen circumstances, the contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group," it said.
