PETALING JAYA: Advancecon Holdings Bhd (Advcon), a specialist in earthworks and civil engineering services, wholly-owned subsidiary, Advancecon Infra Sdn Bhd, has been awarded a Letter of Award (LoA) valued at RM56.64 million for the construction and completion of site clearing, earthworks, erosion and sediment control, water reservoir embankment, and other ancillary works at Ladang Londah, Mukim Gemas, Negeri Sembilan.

The contract was awarded by F&N Agrivalley Sdn Bhd, a direct wholly-owned subsidiary of Fraser & Neave Holdings Bhd, with a project completion timeline of 10 months from the date of site possession.

With this contract, the group''s outstanding order book has now increased to RM729.64 million, further strengthening its earnings visibility.

"Our team remains committed to ensuring the timely execution of the project while maintaining the highest standards of quality, safety, and environmental sustainability," group CEO Datuk Phum Ang Kia said.

"We look forward to supporting F&N Agrivalley in the successful completion of this project." The project will be executed in multiple phases, focusing on comprehensive site preparation, environmental protection measures and efficient water reservoir embankment construction.

With a robust order book and a strong pipeline of opportunities, Advcon said they remain steadfast in its commitment to driving sustainable growth and delivering long-term value to its stakeholders..