KUALA LUMPUR: Advancecon Holdings Bhd
’s wholly-owned subsidiary, Advancecon Infra Sdn Bhd, has secured a RM47.58mil contract from Johor Corporation for infrastructure works in Johor.
In a filing with Bursa Malaysia, the earthworks and civil engineering services provider said the contract involves the construction and completion of infrastructure works, including roads, drainage, street lighting and landscaping at the Tanjung Langsat Industrial Complex in Pasir Gudang.
The project, located along Jalan Teruntum and Jalan Rumbia, is scheduled for completion within 12 months, commencing from April 28, 2026.
Advancecon said the contract is expected to contribute positively to the group’s earnings over its duration and will be funded through internally generated funds and/or external borrowings.
Managing director Phum Boon Eng said the group is seeing “a clear acceleration of industrial activity across Johor, catalysed by initiatives such as the JS-SEZ and broader cross-border integration.”
“As demand for industrial-ready infrastructure rises, we are proud to contribute our execution capabilities to essential works that support sustained industrial expansion in Johor’s growth areas.
“We remain committed to delivering high-quality works on time and to the required standards, as we position Advancecon to capture the upside from Johor’s evolving industrial landscape,” she said.
