PETALING JAYA: Advancecon Holdings Bhd
’s wholly-owned subsidiary, Advancecon Infra Sdn Bhd has accepted a letter of acceptance of tender together with a supplementary letter as addendum from JLG Technopark Sdn Bhd valued at RM41.52mil.
In a statement, the civil engineering services provider said the contract is for the proposed construction and completion of earthworks and main infrastructure works for Section 1B4 of Package 1B at Southern Ibrahim Technopolis (Ibtec) in Kulai, Johor.
Ibtec is an emerging industrial and technology hub within Johor.
Advancecon’s win marks the third contract from JLG for work at Ibtec.
The contract consists of 19 months of construction, and is slated for completion in June 2028. It will also further replenish Advancecon’s outstanding order book, support its construction pipeline and provide additional earnings visibility.
