Advancecon unit secures RM68.5m job from Sime Darby Property

• The announcement comes a day after the company won a subcontract job to build the Gerbil data centre for Gamuda Bhd

KUALA LUMPUR (May 23): Advancecon Holdings Bhd’s (KL:ADVCON) unit Advancecon Infra Sdn Bhd (AISB) has secured a RM68.5 million job from Sime Darby Property (Lagong) Sdn Bhd, to carry out earthworks and related works for Stage 1 (Package 2) at Lagong Mas in Gombak, Selangor.

Sime Darby Property (Lagong) Sdn Bhd is a unit of Sime Darby Property Bhd (KL:SIMEPROP).

The project will run from June 4, 2025 to December 3, 2026.

The announcement comes a day after the company won a subcontract job to build the Gerbil data centre for Gamuda Bhd (KL:GAMUDA).

At midday break, the stock was unchanged at 23 sen a share, giving it a market capitalisation of RM134.5 million. Year-to-date, the stock is down 11.5%.

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