Advancecon Holdings Berhad (前进控股有限公司) (“Advancecon” or “the Group”) (Bursa: 5281), an established provider of earthworks and civil engineering services in Malaysia, today announced that its wholly-owned subsidiary, Advancecon Infra Sdn. Bhd. (“AISB”), has accepted a Letter of Acceptance from Southern Catalyst Sdn. Bhd. for the execution of earthworks, main drainage, ancillary works and other associated infrastructure works for Phase 1 (Package 1) of the Southern Catalyst Innovation District in Johor.
The contract carries a total value of RM82.09 million and relates to works at the Southern Catalyst Innovation District, located in Mukim Sedenak, Daerah Kulai, Johor Darul Ta’zim. The project is scheduled to commence on 4 February 2026, with completion expected by 4 May 2027, providing earnings visibility over a 15-month construction period.
Positioned within Johor’s expanding industrial and innovation corridor, the Southern Catalyst Innovation District is expected to benefit from rising manufacturing activity, logistics demand and spillover effects from regional economic growth. The award further strengthens Advancecon’s presence in Johor and reflects the Group’s continued role in supporting large-scale industrial and infrastructure-led developments.
This latest contract win highlights Advancecon’s established capabilities in delivering comprehensive earthworks and civil engineering solutions, particularly for complex, large-area developments that require integrated site preparation and drainage works. The contract is expected to contribute positively to the Group’s order book and future earnings over the duration of the project.
Mdm. Phum Boon Eng, Managing Director of Advancecon Holdings Berhad, said, “We are pleased to secure this sizeable contract for the Southern Catalyst Innovation District, which reflects continued confidence in Advancecon’s execution capabilities and track record in delivering large-scale earthworks and infrastructure projects. Johor remains a key growth market for the Group, supported by ongoing industrial expansion and infrastructure development. We remain focused on disciplined project execution, cost management and maintaining high safety and quality standards as we continue to build a sustainable and visible order book.”
Barring any unforeseen circumstances, the contract is expected to contribute positively to the Group’s earnings during the contract period.
Advancecon continues to pursue selectively aligned projects that leverage its core strengths in earthworks and civil engineering, while maintaining a disciplined approach to risk management and capital deployment amid a steady pipeline of infrastructure and industrial development opportunities. The Group’s execution excellence continues to to be recognised through multiple awards and quality ratings secured in recent months, including a sustainability award, two SHASSIC Excellent Safety Awards and five-star SHASSIC ratings at multiple project sites, underscoring its consistent delivery standards and strong operational track record.
