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Looking ahead, the Group is cautiously optimistic, supported by Malaysia’s 5.2% GDP growth in Q3 2025 and the RM81 billion Budget 2026 development spending. Despite challenges like SST expansion, new EPF rules for foreign workers, and fuel subsidy cuts, Advancecon will focus on cost efficiency and high-quality project execution.
Just in case it slipped your radar, Advancecon has ventured into the green energy segment too. Their LSS4 project began operations at the end of 2024, and it has started contributing revenue
I get your point, but share buybacks aren’t always a bad thing. If the company’s share price is trading below its actual value, doing sbb is basically the company buying RM0.4 worth of value for RM0.2+. That’s an immediate gain for shareholders.
Advancecon Holdings Bhd's wholly-owned subsidiary Advancecon Infra Sdn Bhd has accepted two contracts from Sime Darby Property (Bukit Raja) Sdn Bhd valued at a combined RM25.14mil for earthworks and other related works at Bandar Bukit Raja 2 in Klang, Selangor.