Advancecon bags RM19mil industrial deal


PETALING JAYA: Advancecon Holdings Bhd has received a letter of award from Damai Jaya Realty Sdn Bhd for the execution of earthworks, soil treatment, and ancillary site works for a proposed industrial development in Mukim Ijok, Selangor, worth RM19.33mil.

In a filing with Bursa Malaysia, the earthworks and civil engineering services provider said the works are inclusive of earthworks, soil treatment, and related site preparation activities, supporting the development of a new industrial project within the growing Kuala Selangor corridor.

“With its proximity to major highways and ports, Ijok has emerged as an attractive location for industrial expansion, benefiting from strong connectivity to the Klang Valley and surrounding economic zones.

“The award further strengthens Advancecon’s presence in Selangor, where the group continues to secure projects aligned with urban expansion and township development.”

Advancecon said the award is also expected to contribute positively to the group’s order book and earnings visibility over the contract duration.

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