Advancecon Holdings Bhd.
MMYX:ADVCON0.18
MYR
0.00
(0.00%)
ISIN
MYL5281OO000
Return %
Stock
S&P 500
1Y
-10.00
14.20
3Y
-40.00
81.12
5Y
-50.68
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Boon Eng Phum
- Full Time Employees
- 1,214
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Petaling Jaya Malaysia
- IPO Date
- Jul 10, 2017
- Website
- advancecon.com.my
- Similar Companies
- Business
- Advancecon Holdings Berhad is a Malaysia-based investment holding company that operates as an infrastructure and civil engineering contractor specializing in earthworks, infrastructure construction, and green energy solutions. Founded in 1990 and headquartered in Shah Alam, Selangor, Malaysia, the company delivers engineering and construction services across Peninsular Malaysia and East Malaysia. Advancecon organizes its business activities into four core operating segments: Construction and Support Services, Quarry Operations, Green Energy, and Property Investment. The company provides a comprehensive range of products and services, including bulk earthworks, site grading, excavation, soil compaction, and embankment construction; civil infrastructure works encompassing highways, roads, bridges, drainage systems, sewerage networks, and retaining structures; heavy construction machinery and equipment rental, fleet leasing, and machinery maintenance services; quarrying, crushing, processing, and distribution of rock aggregates and quarry materials; and solar power solutions consisting of engineering, procurement, construction, and commissioning (EPCC) of rooftop and ground-mounted solar photovoltaic systems, net energy metering (NEM) installations, and corporate renewable energy generation. In recent developments, Advancecon has accelerated its strategic diversification into renewable energy by expanding its solar EPCC operations and securing renewable energy projects under Malaysia's clean energy programs. Furthermore, the company has reinforced its infrastructure order book by winning major earthworks, site preparation, and civil engineering contracts for industrial parks, data centers, logistics hubs, and national transit corridors, while scaling its quarrying capabilities to drive vertical integration across its core construction activities.