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Advancecon accepts RM25.1 mil worth of work from Sime Darby Property

Advancecon Holdings Bhd announced today that its wholly-owned subsidiary, Advancecon Infra Sdn. Bhd. (AISB), has accepted two Letters of Acceptance (LOAs) from Sime Darby Property (Bukit Raja) Sdn Bhd for the execution of earthworks and other related works at Bandar Bukit Raja 2, located in Kapar, Klang, Selangor.

Sunway taps S$600m term loan for MCL Land purchase

Sunway said the term loan facility will raise its gross borrowings to RM12.78 billion from RM10.91 billion as of end-December 2024, while net borrowings are expected to rise to RM8.45 billion from RM6.57 billion.