Advancecon unit accepts RM47.5mil construction job in Port Dickson
In a filing with Bursa Malayisa, the group said it accepted the RM47.5mil job from Mujur Minat Sdn Bhd, which will be completed on Aug 30, 2025.
"Barring any unforeseen circumstances, the sub-contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the sub-contract and will not have any effect on the share capital and substantial shareholders' shareholdings of Advancecon Group, it said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
23-05-2025
- New Straits Times
Advancecon wins RM68.5mil contract from Sime Darby Property
KUALA LUMPUR: Advancecon Holdings Bhd's subsidiary Advancecon Infra Sdn Bhd has bagged a RM68.5 million contract from Sime Darby Property (Lagong) Sdn Bhd. In a filing with Bursa Malaysia, the company said it will undertake earthworks and ancillary works for Stage 1 of the Lagong Mas development in Gombak, Selangor. The project, designated as Package 2, will run from June 4, 2025 to Dec 3, 2026. The award comes just a day after Advancecon clinched a subcontract to build the Gerbil data centre for Gamuda Bhd. "Barring any unforeseen circumstances, the contract is expected to contribute positively towards the group's future earnings for the duration of the contract," it said.
The Star
23-05-2025
- The Star
Advancecon unit accepts RM68.51mil construction job in Gombak
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.
Malaysian Reserve
22-05-2025
- Malaysian Reserve
Advancecon bags RM47.5m data centre contract, marks entry into digital infrastructure sector
ADVANCECON Holdings Bhd, via its subsidiary Advancecon Infra Sdn Bhd (AISB), has clinched a RM47.5 million subcontract from Mujur Minat Sdn Bhd for the construction and completion of key infrastructure works for the Gerbil Data Centre in Port Dickson. The project is set for completion by August 30, 2025, it said in a filing today. This contract marks Advancecon's debut in the data centre infrastructure segment, supporting Malaysia's ambition to become a regional digital hub. Its CEO Datuk Phum Ang Kia said the award broadens the group's portfolio and reflects its strategic shift towards digitalisation and sustainability. The group aims to leverage this milestone to pursue similar high-value contracts and drive long-term growth. — TMR
