KUALA LUMPUR: Advancecon Holdings Bhd
said its wholly-owned subsidiary Advancecon Infra Sdn Bhd has been appointed by Damai Jaya Realty Sdn Bhd as the contractor for proposed earthworks for the proposed industrial development in Ijok, Kuala Selangor, in Selangor.
In a bourse filing, it said the contract, valued at RM19.33mil, will run from Dec 18, 2025, to June 17, 2027.
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.
