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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.