【ADVCON 5281 交流专区】

icy97

前进控股获8380万元合约
http://www.enanyang.my/news/20190731/前进控股获8380万元合约/

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- LETTER OF AWARD ("LOA") FROM G&P INFRA SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or the "Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of Advancecon had on 29 July 2019 received and accepted the Letter of Award ("LOA") from G&P Infra Sdn Bhd (“G&P Infra”) for the appointment of AISB as the contractor for the Proposed Construction and Completion of site clearing, earthworks, retaining structure, main drain and associated infrastructure works for Cadangan Pembangunan Perumahan and Perniagaan di atas PT 47384 and PT 47385, Ladang Bangi, Mukim Semenyih,  Daerah Hulu Langat, Selangor Darul Ehsan untuk Tetuan Setia Alamsari Sdn Bhd (formerly known as KL East Sdn Bhd), for the total contract sum of RM83,816,923.50 only (“the Contract”). Pursuant to the Contract, the scope of works including but not limited to the following:- Site preparation and earthwork; Erosion and sediment control; RC retaining wall; Reinforced soil wall; Drainage works; Sewerage works; and Detention pond. The contract period shall be for a period of 34 months commencing from 1 August 2019 and shall be completed by 31 May 2022. AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors or Substantial Shareholders of Advancecon or persons connected to them has any interest, direct or indirect, in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders. This announcement is dated 31 July 2019.

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- COLLABORATION AGREEMENT ENTERED INTO BETWEEN ADVANCECON INFRA SDN BHD, A WHOLLY- OWNED SUBSIDIARY OF THE COMPANY AND T7 KEMUNCAK SDN. BHD.
1. INTRODUCTION The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “the Company”), wishes to announce that Advancecon Infra Sdn Bhd (“Advancecon Infra”), a wholly-owned subsidiary of the Company had on 14 August 2019 entered into a Collaboration Agreement (“the Agreement”) with T7 Kemuncak Sdn Bhd (Company No. 1202579-U) (“T7 Kemuncak”) (collectively referred as “the Parties”) to collaborate in various activities pertaining to  East Coast Rail Link Project (“the Project”). 2. INFORMATION ON ADVANCECON INFRA AND T7 KEMUNCAK Advancecon Infra is a wholly-owned subsidiary of Advancecon, is involved in provision of earthworks and civil engineering services. Advancecon Infra’s business address is 16,18 & 20, Jalan Pekaka 8/3, Seksyen 8, Kota Damansara, 47810 Petaling Jaya, Selangor. T7 Kemuncak is a wholly-owned subsidiary of T7 Global Berhad, is involved in construction and infrastructure works. T7 Kemuncak’s business address is C-16-01, KL Trillion Corporate Tower, Level 16, Block C 338, Jalan Tun Razak, 50400 Kuala Lumpur. 3. SALIENT TERMS OF THE AGREEMENT 3.1     Objective of the Collaboration The Agreement is established to record the Parties’ intention and understanding to collaborate in various activities pertaining to East Coast Rail Link Project. 3.2    Duration The Agreement shall be effective from the date stated on the Agreement and shall be in effect for a period of one (1) years thereafter or such later period as the Parties may agree to in writing. 4. RATIONALE OF THE AGREEMENT The Agreement will provide opportunities for the Parties to establish a strategic partnership for various activities pertaining to East Coast Rail Link Project based on the respective party’s expertise and strengths which allows the Parties to tap into each other’s expertise and resources. 5. FINANCIAL EFFECTS ON THE AGREEMENT The Agreement is not expected to have any material effects on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of the Company for the financial year ending 31 December 2019. However, it is expected to contribute positively towards the Group’s future earnings  should the Collaboration Agreement materialises. 6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the Directors’ and/or major shareholders of the Company and/or persons connected to them have any interest, direct or indirect, in the Agreement. 7. STATEMENT BY DIRECTORS The Board of Directors of the Company, having taken into consideration all aspects of the Agreement, is of the opinion that the Agreement is in the best interest of the Company and its subsidiaries. 8. APPROVAL REQUIRED The Agreement is not subject to the approval of the shareholders of the Company and any relevant governmental authorities. This announcement is dated 14 August 2019.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2019	30 Jun 2018	30 Jun 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	80,268	73,734	152,600	135,496
2	Profit/(loss) before tax	5,021	5,282	7,962	8,972
3	Profit/(loss) for the period	3,456	3,663	5,480	6,196
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,456	3,663	5,480	6,196
5	Basic earnings/(loss) per share (Subunit)	0.86	0.91	1.37	1.54
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4700		0.4500

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ADVANCECON HOLDINGS BERHAD

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- LETTER OF AWARD FROM ADVANCECON (SARAWAK) SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or the "Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of the Company had on 8 October 2019 received and accepted the Letter of Award (“LOA”) from Advancecon (Sarawak) Sdn Bhd (“ASSB”), an associated company of Advancecon for the appointment of AISB as the sub-contractor for the Upper Rajang Development Agency (URDA) Package 2: Road Infrastructure Projects In Pelagus/Baleh, proposed new road from Baleh Bridge / Rh. Belaja, Ng. Benin / Sk. Ng. Pelagus / Pelagus Resort (Phase 1 – Section 2), for the total sub-contract sum of RM49,384,306.65 (“the Contract”). Pursuant to the Contract, the scope of works is including but not limited to the following:- Soil Investigation Work; Piling Work; Geotechnical Work; Environment Protection and Enhancement; Traffic Management and Control; Demolition and Site Clearance; Earthwork; Drainage Work; Road and Pavings; and Bridge Work. The contract period shall be for a period of 29 months commencing from 19 October 2019 and shall be completed by 18 March 2022 or any extension of time granted. AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors or Substantial Shareholders of Advancecon or persons connected to them has any interest, direct or indirect, in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders. This announcement is dated 9 October 2019.

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")- LETTER OF AWARD FROM ADVANCECON (SARAWAK) SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or the "Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of Company had on 15 October 2019 received and accepted the Letter of Award (“LOA”) from Advancecon (Sarawak) Sdn Bhd (“ASSB”), an associated company of Advancecon for the appointment of AISB as the sub-contractor for the Upper Rajang Development Agency (URDA) Package 2: Road Infrastructure Projects In Pelagus/Baleh, proposed new road for Rh. Undi/ Rh. Seli/ Rh. Mamut/ Rh. Ai, Antawau, Sg. Bena (Phase 1), for the total sub-contract sum of RM38,672,422.99 (“the Contract”). Pursuant to the Contract, the scope of works is including but not limited to the following:- Soil Investigation Work; Geotechnical Work; Environment Protection and Enhancement; Traffic Management and Control; Demolition and Site Clearance; Earthwork; Drainage Work; Road and Pavings; and Bridge Work including Piling Work. The contract period shall be for a period of approximately 24 months commencing from 22 October 2019 and shall be completed by 7 October 2021 or any extension of time granted. AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors or Substantial Shareholders of Advancecon or persons connected to them has any interest, direct or indirect, in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders. This announcement is dated 15 October 2019.

icy97

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")- LETTER OF AWARD FROM SIME DARBY PROPERTY (NILAI) SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or the "Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of the Company had on 14 October 2019 received and accepted the Letter of Award (“LOA”) from Sime Darby Property (Nilai) Sdn Bhd for the appointment of AISB as the contractor for the proposed construction and completion of earthwork, ESCP, main drain, retaining wall and other ancillary works at part of plot 2 (SME Business Park), Nilai Impian 2, Mukim Setul, Daerah Seremban, Negeri Sembilan Darul Khusus, for the total contract sum of RM11,818,046.30 (“the Contract”). Pursuant to the Contract, the scope of works is including but not limited to the following: 1)   Preliminaries 2)   Earthworks 3)   Erosion and Sediment Control 4)   Main Drain 5)   Retaining Wall 6)   Sewerage Reticulation The contract period shall be as follows: Stages/ Works Section Completion Period Dates for Possession Dates for Completion Section 1 8 months 25 October 2019 24 June 2020 Overall 12 months 25 October 2019 24 October 2020 AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors or Substantial Shareholders of Advancecon or persons connected to them has any interest, direct or indirect, in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders. This announcement is dated 16 October 2019.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	71,136	65,780	223,736	201,276
2	Profit/(loss) before tax	3,775	2,225	11,737	11,196
3	Profit/(loss) for the period	2,735	1,536	8,216	7,732
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,735	1,536	8,216	7,732
5	Basic earnings/(loss) per share (Subunit)	0.68	0.38	2.05	1.92
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4700		0.4500

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ADVANCECON HOLDINGS BERHAD

EX-date	05 Dec 2019
Entitlement date	06 Dec 2019
Entitlement time	05:00 PM
Entitlement subject	First Interim Dividend
Entitlement description	First Single-Tier Interim Dividend of RM0.006 per ordinary share in respect of financial year ending 31 December 2019
Period of interest payment	to
Financial Year End	31 Dec 2019
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	BOARDROOM SHARE REGISTRARS SDN BHD11th Floor, Menara SymphonyNo. 5, Jalan Professor Khoo Kay KimSeksyen 1346200 Petaling JayaSelangorMalaysiaTel: 03 -78904700Fax: 03 -78904670
Payment date	30 Dec 2019
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	06 Dec 2019
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.006

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- LETTER OF AWARD FROM SIME DARBY USJ DEVELOPMENT SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or “the Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of the Company had on 24 December 2019 received and accepted the Letter of Award (“LOA”) from Sime Darby USJ Development Sdn Bhd for the appointment of AISB as the contractor for the proposed construction and completion of earthworks and other related works for development of Phase 2 (R2), at Bandar Bukit Raja 2, Mukim Kapar, District of Klang, Selangor Darul Ehsan, for the total contract sum of RM21,269,361.00 (“the Contract”). Pursuant to the Contract, the scope of works is including but not limited to the following: Preliminaries; Erosion and Sediment Control; Site Clearance and Earthworks; Soil Improvement Works; and Soil Investigation Works. The contract period shall be as follows: Stages/ Works Section Completion Period Dates for Possession Dates for Completion R2 13 months 6 January 2020 5 February 2021 Overall 15 months 6 January 2020 5 April 2021 AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors or Substantial Shareholders of Advancecon or persons connected to them has any interest, direct or indirect, in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders. This announcement is dated 24 December 2019.

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- MEMORANDUM OF UNDERSTANDING BETWEEN ADVANCECON SOLAR SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND OON CORP RESOURCES (M) SDN BHD
1. Introduction The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “the Company”) wishes to announce that Advancecon Solar Sdn Bhd (“Adv Solar”), a wholly-owned subsidiary of the Company had on 18 February 2020 entered into a Memorandum of Understanding (“MOU”) with Oon Corp Resources (M) Sdn Bhd (“OCR”) to develop rooftop solar panel under the net energy metering (“NEM”) scheme on the roof top of OCR’s two premises located in Senawang Industrial Estate, in the State of Seremban (“OCR’s Premises”) (“the Project”) with the adoption, execution and implementation of the Supply Agreement with Renewable Energy (“SARE”). OCR and Adv Solar shall hereinafter be collectively referred to as the “Parties” and individually as the “Party”. 2. Information on OCR OCR is a company incorporated in Malaysia and having its business addresses at: (i)  Lot 59, Lorong Senawang 3/2, Senawang Industrial Estate, 70450 Seremban, Negeri Sembilan; and (ii)  Lot 10, Lorong Bunga Tanjung 1/1, Senawang Industrial Estate, 70450 Seremban, Negeri Sembilan. 3. Salient Terms of MOU The provisions of the MOU include the following: a)    Adv Solar shall fulfil the role of engineering, procurement and construction of a 586.08kWp solar photovoltaic system that will be installed on OCR’s Premises; b)    Adv Solar shall invest and own the solar photovoltaic system throughout the terms of the SARE agreement; c)    Adv Solar shall fulfil the role of operations and maintenance of the solar photovoltaic system throughout the terms of the SARE agreement; d)    OCR shall give consent and allow Adv Solar to install the solar photovoltaic system on OCR’s Premises during the terms of the SARE agreement period; and e)    Ownership, operations and maintenance of the solar photovoltaic system shall be transferred to OCR after the expiration of the terms of the SARE agreement. 4. Termination This MOU shall be effective from the date hereof and shall be terminated on the following events: a) the execution of the SARE; or b) either party mutually agreeing in writing to terminate this MOU by giving fourteen (14) days’ notice to the other; or c) for whatsoever reasons, the Parties cannot reach a consensus on the terms of the SARE. 5. Financial Effects The MOU is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of the Company. In the event the MOU results in definitive agreement between Adv Solar and OCR on the Project, the implementation thereof is expected to have a positive impact to the future earnings of Advancecon Group. 6. Directors’ and/or Substantial Shareholders’ Interest None of the Directors’ and substantial shareholders of Advancecon and/or persons connected to them have any interest, direct or indirect, in the MOU. 7. Statement by Directors The Board of Directors of Advancecon, having considered all aspects of the MOU is of the opinion that the MOU is in the best interest of Advancecon Group 8. Approval Required The MOU does not require the approval of shareholders of the Company and any relevant government authorities. This announcement is dated 18 February 2020.

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- MEMORANDUM OF UNDERSTANDING BETWEEN ADVANCECON SOLAR SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND SOLARVEST ENERGY SDN BHD
1. Introduction The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “the Company”) wishes to announce that Advancecon Solar Sdn Bhd (“Adv Solar”), a wholly-owned subsidiary of the Company had on 18 February 2020 entered into a Memorandum of Understanding (“MOU”) with Solarvest Energy Sdn Bhd (“Solarvest”) to jointly co-operate for the purposes of undertaking solar renewable energy projects in Malaysia, under the Commercial and Industrial (C&I) category (“the Projects”). (Adv Solar and Solarvest, shall hereinafter referred to collectively as “Parties” and individually as “Party”, where the context so requires). 2. Information on Adv Solar and Solarvest Adv Solar was incorporated in Malaysia as a private company limited by shares and is a wholly-owned subsidiary of the Company. Adv Solar is principally a solar photovoltaic investor registered under Sustainable Energy Development Authority (SEDA) for solar renewable energy projects. Solarvest was incorporated in Malaysia as a private company limited by shares and it is a wholly-owned subsidiary of Atlantic Blue Sdn. Bhd., which in turn is a wholly-owned subsidiary of the Solarvest Holdings Berhad. Solarvest is principally involved in the provision of Engineering, Procurement, Construction and Commissioning (“EPCC”) services for solar photovoltaics system. 3. Salient Terms of MOU The MOU expressed the intention of the Parties to jointly co-operate for the purposes of the Projects wherein Adv Solar is desirous to engage Solarvest as the exclusive contractor for the EPCC works for the Projects (“EPCC Contractor”) and Solarvest is willing to act as the EPCC Contractor for the Projects. The provisions of the MOU include the following: a)    Both Parties agree to use their best endeavour to assist and co-operate with each other towards successful implementation and execution of the Projects, including participating in bidding for the Projects (if necessary); b)    The Parties’ detailed scope of work and responsibilities shall be further defined in a separate definitive agreement for each of the Projects to be executed by the Parties; c)    Both Parties shall utilise their resources and experiences to establish Joint Venture (if necessary), for each of the Project(s) to be undertaken by the Parties; and d)    The Parties agree to be responsible for and shall bear its own costs and expenses of any kind committed or incurred in the performance of this MOU to the date of termination hereof. This MOU shall enter into force from the date of signing by the Parties and shall be valid until the date the Parties agree to mutually terminate this MOU in writing. 4. Financial Effects The MOU is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of the Company. In the event the MOU results in definitive agreement between Adv Solar and Solarvest on the Projects, the implementation thereof is expected to have a positive impact to the future earnings of Advancecon Group. 5. Directors’ and/or Substantial Shareholders’ Interest None of the Directors’ and substantial shareholders of Advancecon and/or persons connected to them have any interest, direct or indirect, in the MOU. 6. Statement by Directors The Board of Directors of Advancecon, having considered all aspects of the MOU is of the opinion that the MOU is in the best interest of Advancecon Group. 7. Approval Required The MOU does not require the approval of shareholders of the Company and any relevant government authorities. This announcement is dated 18 February 2020.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	77,921	71,585	301,657	272,860
2	Profit/(loss) before tax	4,544	4,229	16,280	15,425
3	Profit/(loss) for the period	2,610	2,886	10,825	10,618
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,610	2,886	10,825	10,618
5	Basic earnings/(loss) per share (Subunit)	0.65	0.72	2.69	2.64
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.60	1.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4800		0.4500

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES TO INCLUDE RENEWABLE ENERGY BUSINESS AND RELATED ACTIVITIES ("PROPOSED DIVERSIFICATION")
On behalf of the Board of Directors of Advancecon, UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that the Company intends to undertake a proposed diversification of the existing principal activities of the Company and its subsidiaries to include renewable energy business and related activities. Further details of the Proposed Diversification are set out in the attachment. This announcement is dated 9 June 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3056964

Attachments Advancecon - Announcement (Diversification)_200609 (final).pdf

pts2222

https://www.theedgemarkets.com/a ... ndar-seremban-utama

pts2222

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- LETTER OF AWARD FROM CHINA COMMUNICATIONS CONSTRUCTION (ECRL) SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or “the Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of the Company had on 2 September 2020 accepted the Letter of Award (“LOA”) from China Communications Construction (ECRL) Sdn Bhd for the appointment of AISB as the subcontractor for the construction and completion of subgrade and related works for the East Coast Rail Link Project, for the total subcontract sum of RM27,092,082.13 (“the Contract”). The contract period shall be for 24 months commencing from 7 September 2020 and shall be completed by 6 September 2022. AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors’ and/or substantial shareholders and/or any person connected to them has any interest, either direct or indirect in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders of the Company. This announcement is dated 2 September 2020.

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- LETTER OF AWARD FROM CHINA COMMUNICATIONS CONSTRUCTION (ECRL) SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or “the Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of the Company had on 2 September 2020 accepted the Letter of Award (“LOA”) from China Communications Construction (ECRL) Sdn Bhd for the appointment of AISB as the subcontractor for the proposed construction and completion of subgrade and related works for the East Coast Rail Link Project, for the total subcontract sum of RM53,741,047.74 (“the Contract”). The contract period shall be for 28 months commencing from 7 September 2020 and shall be completed by 6 January 2023. AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors’ and/or substantial shareholders and/or any person connected to them has any interest, either direct or indirect in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders of the Company. This announcement is dated 2 September 2020.

https://www.theedgemarkets.com/a ... 1%E5%B7%A5%E7%A8%8B

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	66,319	72,332	66,319	72,332
2	Profit/(loss) before tax	3,211	2,941	3,211	2,941
3	Profit/(loss) for the period	2,184	2,025	2,184	2,025
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,184	2,025	2,184	2,025
5	Basic earnings/(loss) per share (Subunit)	0.54	0.50	0.54	0.50
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4800		0.4800

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- MEMORANDUM OF UNDERSTANDING BETWEEN ADVANCECON SOLAR SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND YHI MANUFACTURING (MALAYSIA) SDN BHD
1. Introduction The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “the Company”) wishes to announce that Advancecon Solar Sdn Bhd (“Adv Solar”), a wholly-owned subsidiary of the Company had on 29 June 2020 entered into a Memorandum of Understanding (“MOU”) with YHI Manufacturing (Malaysia) Sdn Bhd (Registration No. 200401026362 (664870-X))(“YHI”) to develop rooftop solar photovoltaic system under the Net Energy Metering (“NEM”) scheme on the rooftop of YHI’s premises located in Kawasan Perindustrian Bukit Rambai, in the state of Malacca (“YHI’s Premises”) (“the Project”) with the adoption, execution and implementation of the Supply Agreement with Renewable Energy (“SARE”) between YHI and Adv Solar with Tenaga National Berhad (“TNB”). YHI and Adv Solar shall hereinafter be collectively referred to as the “Parties” and individually as the “Party”. 2. Information on YHI YHI is a company incorporated in Malaysia and having its business address at 3533, Jalan P.B.R 28, Kawasan Perindustrian Bukit Rambai, 75250 Melaka. 3. Salient Terms of MOU The provisions of the MOU include the following: a)    Adv Solar shall fulfil the role of engineering, procurement and construction of a 2,663.28kWp solar photovoltaic system that will be installed on YHI’s Premises; b)    Adv Solar shall invest and own the solar photovoltaic system throughout the terms of the SARE agreement; c)    Adv Solar shall fulfil the role of operations and maintenance of the solar photovoltaic system throughout the terms of the SARE agreement; d)    YHI shall give consent and allow Adv Solar to install the solar photovoltaic system on YHI’s Premises during the terms of the SARE agreement period; e)    Ownership, operations and maintenance of the solar photovoltaic system shall be transferred to YHI after the expiration of the terms of the SARE agreement; 4. Termination This MOU shall be effective from the date hereof and shall be terminated on the following events: a) the execution of the SARE; or b) either party mutually agreeing in writing to terminate this MOU by giving fourteen (14) days’ notice to the other; or c)  for whatsoever reasons, the Parties cannot reach a consensus on the terms of the SARE. 5. Financial Effects The MOU is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of the Company. In the event the MOU results in definitive agreement between Adv Solar and YHI on the Project, the implementation thereof is expected to have a positive impact to the future earnings of Advancecon Group. 6. Directors’ and/or Substantial Shareholders’ Interest None of the Directors’ and/or substantial shareholders and/or any person connected to them has any interest, either direct or indirect in the MOU. 7. Directors’ Statement The Board of Directors of the Company is of the opinion that MOU will have a positive impact on the business of Adv Solar and is in the best interest of the Advancecon Group. 8.    Approval Required The MOU does not require the approval of shareholders of the Company and any relevant government authorities. This announcement is dated 29 June 2020.

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")MEMORANDUM OF UNDERSTANDING BETWEEN ADVANCECON SOLAR SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND PERITONE HEALTH SDN BHD
1. Introduction The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “the Company”) wishes to announce that Advancecon Solar Sdn Bhd (“Adv Solar”), a wholly-owned subsidiary of the Company had on 7 July 2020 entered into a Memorandum of Understanding (“MOU”) with Peritone Health Sdn Bhd (Registration No. 201401003339 (1079413-W)) (“PERITONE”) to develop rooftop solar photovoltaic system for self-consumption on the rooftop of PERITONE’s premises located in Kulim Hi Tech Park, Kulim, Kedah (“PERITONE’s Premise”) (“the Project”) with the adoption, execution and implementation of the Power Purchase Agreement (“PPA”) and Lease Agreement (“LEASE”). PERITONE and Adv Solar shall hereinafter be collectively referred to as the “Parties” and individually as the “Party”. 2. Information on PERITONE PERITONE is a company incorporated in Malaysia and having its business address at Lot 12 Phase 4 Kulim Hi Tech Park, Kulim, Kedah. 3. Salient Terms of MOU The provisions of the MOU include the following: a)    Adv Solar shall fulfil the role of engineering, procurement and construction of a 461.12kWp solar photovoltaic system that will be installed on PERITONE’s Premises; b)    Adv Solar shall invest and own the solar photovoltaic system throughout the terms of the PPA and LEASE agreement; c)    Adv Solar shall fulfil the role of operations and maintenance of the solar photovoltaic system throughout the terms of the PPA and LEASE agreement; d)    PERITONE shall give consent and allow Adv Solar to install the solar photovoltaic system on PERITONE’s Premises during the terms of the PPA and LEASE agreement period; e)    Ownership, operations and maintenance of the solar photovoltaic system shall be transferred to PERITONE after the expiration of the terms of the PPA and LEASE agreement; 4. Termination This MOU shall be effective from the date hereof and shall be terminated on the following events: a) the execution of the PPA and LEASE; or b) either party mutually agreeing in writing to terminate this MOU by giving fourteen (14) days’ notice to the other; or c) for whatsoever reasons, the Parties cannot reach a consensus on the terms of the PPA and LEASE. 5. Financial Effects The MOU is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of the Company. In the event the MOU results in definitive agreement between Adv Solar and PERITONE on the Project, the implementation thereof is expected to have a positive impact to the future earnings of Advancecon Group. 6. Directors’ and/or Substantial Shareholders’ Interest None of the Directors’ and/or substantial shareholders and/or any person connected to them has any interest, either direct or indirect in the MOU. 7. Directors’ Statement The Board of Directors of the Company is of the opinion that the MOU will have a positive impact on the business of Adv Solar and is in the best interest of the Advancecon Group. 8.    Approval Required The MOU does not require the approval of shareholders of the Company and any relevant government authorities. This announcement is dated 7 July 2020.

icy97

icy97 发表于 22-4-2020 08:11 AM

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN ADVANCECON SOLAR SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND OON CORP RESOURCES (M) SDN BHD
We refer to the Company’s announcement made on 18 February 2020 in relation to the MOU. Unless otherwise stated, all definitions used throughout this announcement shall have the same meaning as defined in the earlier announcement. The Board of Directors of the Company wishes to update the following: 1. Advancecon Solar had received the approval from Tenaga Nasional Berhad for the Net Energy Metering Assessment Study (“NEMAS”) for a total of 777.04 kWp on 8 July 2020 via a letter dated 30 June 2020. 2. The approved total capacity represented an additional 190.96 kWp versus 586.08 kWp stated in the MOU. The increase was mainly due to changes made in the solar system design to achieve maximum attainable capacity for Oon Corp’s premises.   3. An application to obtain Net Energy Metering (“NEM”) quota from SEDA will be made soonest followed by the signing of Supply Agreement of Renewable Energy (“SARE”) once the NEM quota is obtained. This announcement is dated 8 July 2020.

icy97

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- LETTER OF AWARD FROM SIME DARBY PROPERTY (BUKIT RAJA) SDN BHD TO ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Introduction The Board of Directors of Advancecon Holdings Berhad ("Advancecon" or “the Company") is pleased to announce that Advancecon Infra Sdn Bhd (“AISB”), a wholly-owned subsidiary of the Company had on 14 July 2020 accepted the Letter of Award (“LOA”) from Sime Darby Property (Bukit Raja) Sdn Bhd for the appointment of AISB as the contractor for the proposed construction and completion of earthworks and other related works for development of Phase 2 (R1A1, R1A2 & R1B) at Bandar Bukit Raja 2, Mukim Kapar, District of Klang, Selangor Darul Ehsan, for the total contract sum of RM19,850,860.00 (“the Contract”). The contract period shall be from 27 July 2020 until 26 July 2022. Pursuant to the Contract, the scope of works is including but not limited to the following: 1. Preliminaries; 2. Erosion and Sediment Control; 3. Site Clearance and Earthworks; 4. Soil Improvement Works; and 5. Soil Investigation Works. AISB is principally involved in the business of providing earthworks and civil engineering services. Risk Factors There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. Financial Effects Barring any unforeseen circumstances, the Contract is expected to contribute positively towards the future earnings of Advancecon Group for the duration of the Contract and will not have any effect on the share capital and substantial shareholders’ shareholdings of Advancecon Group. The Group intends to fund the Contract via internally generated funds and/ or external borrowings. Directors' and Substantial Shareholders' Interest None of the Directors’ and/or substantial shareholders and/or any person connected to them has any interest, either direct or indirect in the Contract. Directors’ Statement The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. The Contract is being entered into in the ordinary course of business and is not subject to the approval of shareholders of the Company. This announcement is dated 14 July 2020.