【ADVCON 5281 交流专区】

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 RHONG KHEN TIMBERS 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 17 July 2020 entered into a Memorandum of Understanding (“MOU”) with Rhong Khen Timbers Sdn Bhd (Registration No. 200201007088 (574751-W)) (“RHONG KHEN”) to develop rooftop solar photovoltaic system under the Net Energy Metering (“NEM”) scheme on the rooftop of RHONG KHEN’s premises located in Ajil, Terengganu (“RHONG KHEN’s Premise”) (“the Project”) with the adoption, execution and implementation of the Supply Agreement with Renewable Energy (“SARE”) between RHONG KHEN and Adv Solar with Tenaga National Berhad (“TNB”). RHONG KHEN and Adv Solar shall hereinafter be collectively referred to as the “Parties” and individually as the “Party”. 2. Information on RHONG KHEN RHONG KHEN is a company incorporated in Malaysia and having its business address at 5322, Kawasan Perindustrian Ajil, Jalan K Berang, Kampung Tok Rebok, 21800 Ajil, Terengganu. 3. Salient Terms of MOU The provisions of the MOU include the following: a)    Adv Solar shall fulfill the role of engineering, procurement and construction of a 1,815kWp solar photovoltaic system that will be installed on RHONG KHEN’s Premises; b)    Adv Solar shall invest and own the solar photovoltaic system throughout the terms of the SARE agreement; c)    Adv Solar shall fulfill the role of operations and maintenance of the solar photovoltaic system throughout the terms of the SARE agreement; d)    RHONG KHEN shall give consent and allow Adv Solar to install the solar photovoltaic system on RHONG KHEN’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 RHONG KHEN 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 RHONG KHEN 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 17 July 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 LATITUDE TREE FURNITURE 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 17 July 2020 entered into a Memorandum of Understanding (“MOU”) with Latitude Tree Furniture Sdn Bhd (Registration No. 198801002644 (170001-D)) (“LATITUDE”) to develop rooftop solar photovoltaic system under the Net Energy Metering (“NEM”) scheme on the rooftop of LATITUDE’s premises located in Klang, Selangor (“LATITUDE’s Premise”) (“the Project”) with the adoption, execution and implementation of the Supply Agreement with Renewable Energy (“SARE”) between LATITUDE and Adv Solar with Tenaga National Berhad (“TNB”). LATITUDE and Adv Solar shall hereinafter be collectively referred to as the “Parties” and individually as the “Party”. 2. Information on LATITUDE LATITUDE is a company incorporated in Malaysia and having its business address at Lot 3356, 3358 & 3360, Jalan Keretapi Lama BT 7, Kampung Perepat Kapar, 42200 Klang, Selangor. 3. Salient Terms of MOU The provisions of the MOU include the following: a)    Adv Solar shall fulfill the role of engineering, procurement and construction of a 2,122kWp solar photovoltaic system that will be installed on LATITUDE’s Premises; b)    Adv Solar shall invest and own the solar photovoltaic system throughout the terms of the SARE agreement; c)    Adv Solar shall fulfill the role of operations and maintenance of the solar photovoltaic system throughout the terms of the SARE agreement; d)    LATITUDE shall give consent and allow Adv Solar to install the solar photovoltaic system on LATITUDE’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 LATITUDE 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 LATITUDE 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 17 July 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 PROMINENT IMAGE 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 6 August 2020 entered into a Memorandum of Understanding (“MOU”) with Prominent Image Sdn. Bhd. (Registration No. 199401018345 (304024-P)) (“Prominent”) to develop rooftop solar photovoltaic system under the Net Energy Metering (“NEM”) scheme on the rooftop of Prominent’s premises located in Kawasan Industri Rawang Integrated in the State of Selangor (“Prominent’s Premises”) with the adoption, execution and implementation of the Supply Agreement with Renewable Energy (“SARE”) between Prominent and Adv Solar with Tenaga National Berhad. Prominent and Adv Solar shall hereinafter be collectively referred to as the “Parties” and individually as the “Party”. 2. Information on Prominent Prominent is a company incorporated in Malaysia and having its business address at 6, Jalan Industri 3/2, Kawasan Industri Rawang Integrated, 48000 Rawang, Selangor. 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 342.32kWp solar photovoltaic system that will be installed on Prominent’s Premises; b)   Adv Solar shall invest and own the solar photovoltaic system throughout the terms of the SARE; c)   Adv Solar shall fulfil the role of operations and maintenance of the solar photovoltaic system throughout the terms of the SARE; d)   Prominent shall give consent and allow Adv Solar to install the solar photovoltaic system on Prominent’s Premises during the terms of the SARE period; and e)   Ownership, operations and maintenance of the solar photovoltaic system shall be transferred to Prominent after the expiration of the terms of the SARE. 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 Prominent 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 6 August 2020.

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")POWER PURCHASE AGREEMENT ("PPA") BETWEEN ADVANCECON SOLAR SDN. BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND PROMINENT IMAGE SDN BHD
Reference is made to the Company’s announcement dated 6 August 2020. 1.      POWER PURCHASE AGREEMENT The Board of Directors of Advanceon Holdings Berhad (“Advancecon” or “the Company”) wishes to announce that Advancecon Solar Sdn Bhd (“Advancecon Solar”), a wholly-owned subsidiary of the Company had on 11 January 2021 signed a Power Purchase Agreement with Prominent Image Sdn Bhd (“Prominent”). Advancecon Solar will design, construct, install, own, operate and maintain a solar photovoltaic energy generating system with the capacity of 342.32 kWp under the Net Energy Metering (NEM) scheme at Prominent’s premise located in Rawang Industrial Estate, in the State of Selangor (“the Plant”). The final capacity of 342.32 kWp was established after conclusive detailed survey and design work were carried out. The PPA will be for a period of 21 years from the commercial operation date in accordance with the agreed terms and conditions as stipulated in the PPA. 2.      FINANCIAL EFFECTS OF THE PPA The signing of the PPA is not expected to have any material impact on the earnings and net assets of Advancecon Group for the financial year ending 31 December 2020. The commercial operation date is expected to be commenced by first quarter of 2021, hence to contribute positively to the future earnings of Advancecon Group. 3.       DIRECTORS AND SUBSTANTIAL SHAREHOLDERS’ INTEREST None of the Directors or major shareholders of Advancecon and persons connected with them has any direct or indirect interests, in the PPA. 4.       STATEMENT BY DIRECTORS The Board of Advancecon is of the opinion that the PPA is in the best interest of the Group. This announcement is dated 11 January 2021.

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 MYDIN MOHAMED HOLDINGS 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 6 August 2020 entered into a Memorandum of Understanding (“MOU”) with Mydin Mohamed Holdings Bhd (Registration No. 199101011136 (221448-A)) (“Mydin”) to develop rooftop solar photovoltaic system under the Net Energy Metering (“NEM”) scheme on the rooftop and carparks of Mydin’s premises located in Lot No. 31156, Jalan Bandar Seremban Utama, Bandar Seremban Utama, 70300 Seremban, Negeri Sembilan (“Mydin Seremban”) with the adoption, execution and implementation of the Supply Agreement with Renewable Energy (“SARE”) between Mydin and Adv Solar with Tenaga National Berhad and to conduct feasibility study for 5 other Mydin hypermarkets. Mydin and Adv Solar shall hereinafter be collectively referred to as the “Parties” and individually as the “Party”. 2. Information on Mydin Mydin is a company incorporated in Malaysia and having its registered address at 12th Floor, Menara Symphony, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor. 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 2,344.32kWp solar photovoltaic system that will be installed on Mydin Seremban; b)   Adv Solar shall invest and own the solar photovoltaic system throughout the terms of the SARE; c)   Adv Solar shall fulfil the role of operations and maintenance of the solar photovoltaic system throughout the terms of the SARE; d)   Mydin shall give consent and allow Adv Solar to install the solar photovoltaic system on Mydin Seremban Premise during the terms of the SARE period; and e)   Ownership, operations and maintenance of the solar photovoltaic system shall be transferred to Mydin after the expiration of the terms of the SARE. Adv Solar shall upon signing of this MOU proceed to conduct a feasibility studies on the other Mydin’s premises as the following, and thereafter proceed to negotiate on further terms relating to the Project and in the event that all Parties agreed to all the terms relating to the Project, the entering into the SARE and other ancillary agreements with the relevant parties within 6 months following the date of the signing of this MOU or such other date as the Parties mutually agreed: •    Mydin MITC at Ayer Keroh, Melaka; •    Mydin Jasin at Bemban, Melaka; •    Mydin Senawang at Seremban, Negeri Sembilan; •    Mydin Pulau Sebang at Alor Gajah, Melaka; and •    Mydin Tunjung at Kota Bharu, Kelantan. 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 Mydin 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 6 August 2020.

icy97

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- SHAREHOLDERS' AGREEMENT BETWEEN ADVANCECON HOLDINGS BERHAD, CHEN SIEW SIN AND CHONG CHEE HIUNG
1. INTRODUCTION The Board of Directors of Advancecon Holdings Berhad (“Advancecon” or “the Company”), wishes to announce that the Company had on 18 August 2020 entered into a Shareholders’ Agreement (“the Agreement”) with Chen Siew Sin (“CSS”) and Chong Chee Hiung (“CCH”) (collectively referred to as “the Parties” and any one of them referred to as “the Party”) to mutually cooperate in the conduct of the business and affairs of Advancecon Sarawak Sdn Bhd (“Advancecon Sarawak” or “JVCO”), as a joint venture arrangement (“Joint Venture”) to provide earthworks, civil engineering services and other related services in Sarawak and to govern the rights and obligations of the parties in ASSB (“SA”). 2. BACKGROUND INFORMATION ON ADVANCECON SARAWAK Advancecon Sarawak is a private limited company incorporated in Malaysia under the Companies Act, 2016 on 12 October 2018. As at the date of this announcement, the issued share capital of Advancecon Sarawak is RM750,000 comprising 750,000 ordinary shares. The shareholders of Advancecon Sarawak are as follows:- No. of Ordinary Shares Held % of shareholdings Advancecon Holdings Berhad 225,000 30 Chen Siew Sin 300,000 40 Chong Chee Hiung 225,000 30 Total 750,000 100 The principal activity of Advancecon Sarawak is to carry on the business providing earthworks, civil engineering and related services. 3. INFORMATION ON ADVANCECON, CSS AND CCH i) ADVANCECON Advancecon is a public company incorporated in Malaysia on 9 April 1997 and was listed on Main Market of Bursa Malaysia Securities Berhad on 10 July 2017. As at the date of this announcement, the total issued share capital of Advancecon is RM87,074,071.00 comprising 405,015,000 ordinary shares. Advancecon is principally involved as investment holding company. ii) CSS AND CCH CSS and CCH are both Malaysian individuals. 4. BUSINESS AND SALIENT TERMS OF THE SHAREHOLDERS’ AGREEMENT 4.1  Term of Joint Venture The Parties agree that the Joint Venture shall subject to the terms of the SA continue until and unless the Parties mutually agree to terminate Advancecon Sarawak and/or have Advancecon Sarawak wound up voluntarily, wherein Special Resolution in accordance with Section 439 of the Companies Act, 2016 must be passed by Advancecon Sarawak. 4.2  Permitted Business Subject to the SA, the Parties agreed that the primary objects of the Company shall be to carry on the business of: a) providing earthworks and civil engineering; and b) other services which are related to sub-paragraph (a) above. collectively referred to as “Business”. The Parties may mutually agree to include such additional businesses or services in the Business of the Company, provided that such additional services shall be of mutual benefit to both Parties. 4.3  Territory The Company shall carry on the Business in Sarawak, Malaysia. Prior approval of Advancecon shall be obtained before the Company carries out any work outside the Territory. 4.4  Composition of the Board of Directors As at the date of this announcement, the Directors of Advancecon Sarawak are Chen Siew Sin and Ir. Yeo An Thai, a Director of the Company. Each Party is entitled to appoint any person as is permitted under the Companies Act 2016 to act as a director of ASSB provided that the directors nominated by each of the Party respectively shall be subject to the other Party’s approval. The Chairperson of the Board shall be Chen Siew Sin. 4.5  Funding The Board of Directors of Advancecon Sarawak will determine from time to time the working capital requirements of the Company. The Parties agree that if an increase in the working capital of the Company is required for the operation of the Company, it shall as far as practicable be so funded in accordance with the manner set out below: (a) by way of a further increase in the share capital of the Company as may be determined by the Board of the Company; and/or (b) by way of third party loans from banks and/or financial institutions, subject to reserve matters stated in the SA. In the event that: (a) any increase in the share capital of Advancecon Sarawak is required for purpose of funding pursuant to the above, then the funding shall be contributed by each of the Parties in accordance with the proportion of shareholdings unless otherwise agreed by the Parties; (b) the banks and/or financial institutions in respect of the third party loans contemplated in the SA requires Shareholders’ guarantee(s) in addition to the assets of Advancecon Sarawak, the Parties hereby agree to subject to the SA such Shareholders’ guarantee(s) to such credit institution as additional securities for such financing in equal proportion unless otherwise agreed by the Parties. 4.6  Failure to subscribe new shares If any Party shall fail to subscribe for all or any part of the shares in Advancecon Sarawak to which it is obliged to subscribe pursuant to the terms of the SA within the stipulated for each subscription (“Non-Complying Shareholder”):- (i) the Party who is not in default (“Complying Party”) shall give a notice in writing to the Non-Complying Shareholder requiring it to subscribe for the relevant shares within five (5) Business Days of the date of such notice (the date of giving of such notice is hereinafter referred to as the “Subscription Date”); (ii) in the event the Non-Complying Shareholder continues to fail to subscribe for all or any part of such shares (“Non-Subscribed Shares”) at the end of the Subscription Date, then the Non-Complying Party within five (5) Business Days after expiry of the Subscription Date to subscribe for all or part of the Non-Subscribed Shares; and (iii) If any of the Non-Subscribed Shares shall remain unsubscribed for more than fifteen (15) days after the Subscription Date or after the completion of the Subscription Date or after the completion of the subscription made pursuant to Clause ii above, then all rights to subscribe for such remaining Non-Subscribed Shares shall lapse automatically. In the event any issue and allotment of any shares of Advancecon Sarawak to any Party requires the approval of any relevant governmental authority, then such issue and allotment shall be subject to and be conditional upon the approval of the relevant governmental authority being obtained by Advancecon Sarawak. Accordingly, any time within which any act has to be performed in relation to the aforesaid issue and allotment shall be extended for such period of time as may be necessary to enable such approvals to be obtained provided always that a party to which an issue and allotment is not approved shall not for purpose of the above constitute a Non-Complying Shareholder. 4.7  Parties Obligation Advancecon shall: a) provide technical advice relating to the implementation of the project from time to time; b) provide its technology know-how and technical and operational experience and expertise to Advancecon Sarawak; and c) do all such things as are necessary in order to conduct the Business in the best interest of Advancecon Sarawak. CSS shall: a) assist in marketing services on behalf of Advancecon Sarawak: i. to secure contracts relating to the Business within the Territory; and ii. promotion of the Business to the business partners or potential customers within the Territory; b) provide strategic and advice regarding the business plans, investment, marketing and operations of Advancecon Sarawak as well as to provide guidance to Advancecon Sarawak to tender for government and private projects within the Territory; c) shall establish relationships between Advancecon Sarawak and potential customers (government and public sector); and d) shall do all such things as are necessary in order to conduct the Business in the best interest of Advancecon Sarawak. CCH shall assist in the overall operations of Advancecon Sarawak and do all such things as are necessary from time to time to conduct the Business in the best interest of Advancecon Sarawak. 5. RATIONALE OF THE SA The Joint Venture in Advancecon Sarawak will provide opportunities for the Parties to establish a strategic partnership for various activities pertaining to providing earthworks, civil engineering services and other related services in Sarawak based on the respective party’s expertise and strengths which allows the Parties to tap into each other’s expertise and resources. 6. RISK FACTORS The risk related to the transaction in connection with the Joint Venture is typical to any commercial contract. These include breaches or non-compliance of joint venture or other obligations under the Joint Venture. 7. FINANCIAL EFFECTS ON THE SA The Joint Venture will not have any effect on the share capital and substantial shareholders’ shareholdings of the Company as it will be fully satisfied in cash. In addition, the Joint Venture is not expected to have a material effect on the earnings per share, net assets and gearing of the Group for the financial year ending 31 December 2020. Barring any unforeseen circumstances, the Joint Venture is expected to contribute positively to the Group’s earnings and net assets in the future. 8. 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. 9. STATEMENT BY DIRECTORS The Board of Directors of the Company, having taken into consideration all aspects of the SA, is of the opinion that the SA is in the best interest of the Company and its subsidiaries. 10.    APPROVAL REQUIRED The SA is not subject to the approval of the shareholders of the Company and any relevant governmental authorities. This announcement is dated 18 August 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	38,111	80,268	104,430	152,600
2	Profit/(loss) before tax	-5,329	5,021	-2,117	7,962
3	Profit/(loss) for the period	-6,856	3,456	-4,672	5,480
4	Profit/(loss) attributable to ordinary equity holders of the parent	-6,856	3,456	-4,672	5,480
5	Basic earnings/(loss) per share (Subunit)	-1.71	0.86	-1.17	1.37
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 ($$)	0.4600		0.4800

icy97

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- ACCEPTANCE OF LETTER OF ACCEPTANCE BY ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FROM CHINA COMMUNICATIONS CONSTRUCTION (ECRL) SDN BHD
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 17 September 2020 accepted the Letter of Acceptance (“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 a total subcontract sum of RM29,791,537.62 (“the Contract”). The contract period shall be for approximately 14.5 months commencing from 1 March 2021 and shall be completed by 15 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’ 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 17 September 2020.

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	72,837	71,136	177,267	223,736
2	Profit/(loss) before tax	3,592	3,775	1,475	11,737
3	Profit/(loss) for the period	3,132	2,735	-1,541	8,216
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,132	2,735	-1,541	8,216
5	Basic earnings/(loss) per share (Subunit)	0.79	0.68	-0.39	2.05
6	Proposed/Declared dividend per share (Subunit)	0.01	0.00	0.01	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 ($$)	0.4600		0.4800

ADVANCECON HOLDINGS BERHAD

Entitlement subject	First Interim Dividend
Entitlement description	First Single-Tier Interim Dividend of RM0.01 per ordinary share in respect of financial year ending 31 December 2020
Ex-Date	15 Dec 2020
Entitlement date	16 Dec 2020
Entitlement time	5:00 PM
Financial Year End	31 Dec 2020
Period
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	30 Dec 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	16 Dec 2020
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
Announced Currency	Malaysian Ringgit (MYR)
Disbursed Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	Malaysian Ringgit (MYR) 0.0100

icy97

icy97 发表于 22-4-2020 08:11 AM

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")POWER PURCHASE AGREEMENTS ("PPAS") BETWEEN ADVANCECON SOLAR SDN. BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND OON CORP RESOURCES (M) SDN BHD
Reference is made to the Company’s announcements dated 18 February 2020 and 8 July 2020 respectively in relation to the Memorandum of Understanding (“MOU”)(“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. 1.      POWER PURCHASE AGREEMENT The Board of Directors of Advanceon Holdings Berhad (“Advancecon” or “the Company”) wishes to announce that Advancecon Solar Sdn Bhd (“Advancecon Solar”), a wholly-owned subsidiary of the Company had on 11 January 2021 signed two separate Power Purchase Agreement (“PPAs”) with Oon Corp Resources (M) Sdn Bhd (“OCR”). Advancecon Solar will design, construct, install, own, operate and maintain a solar photovoltaic energy generating system with the capacity of 651.64 kWp under the Net Energy Metering (NEM) scheme at OCR’s two premises located in Senawang Industrial Estate, in the State of Seremban (“the Plant”). The final capacity of 651.64 kWp was established after conclusive detailed survey and design work were carried out. It differs 125.40 kWp from the NEMAS approval due to limiting factors such as roof condition and shading. The PPAs will be for a period of 21 years from the commercial operation date in accordance with the agreed terms and conditions as stipulated in the PPA. 2.      FINANCIAL EFFECTS OF THE PPAs The signing of the PPAs is not expected to have any material impact on the earnings and net assets of Advancecon Group for the financial year ending 31 December 2021. The commercial operation is expected to be commenced in early of second quarter of 2021, hence to contribute positively to the future earnings of Advancecon Group. 3.       DIRECTORS AND SUBSTANTIAL SHAREHOLDERS’ INTEREST None of the Directors or major shareholders of Advancecon and persons connected with them has any direct or indirect interests, in the PPAs. 4.       STATEMENT BY DIRECTORS The Board of Advancecon is of the opinion that the PPAs is in the best interest of the Group. This announcement is dated 11 January 2021.

Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- ACCEPTANCE OF LETTER OF ACCEPTANCE BY ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FROM CHINA COMMUNICATIONS CONSTRUCTION (ECRL) SDN BHD
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 26 January 2021 accepted the Letter of Acceptance (“LOA”) from China Communications Construction (ECRL) Sdn Bhd for the appointment of AISB as the subcontractor for the proposed construction and completion of subgrade works of Package 3, Section 4 for the East Coast Rail Link Project, for the total subcontract sum of RM60,583,964.39 (“the Contract”). The contract period shall be commencing from 1 March 2021 until 15 April 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 26 January 2021.

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- ACCEPTANCE OF LETTER OF ACCEPTANCE BY ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FROM CHINA COMMUNICATIONS CONSTRUCTION (ECRL) SDN BHD
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 2021 accepted the Letter of Acceptance (“LOA”) from China Communications Construction (ECRL) Sdn Bhd for the appointment of AISB as the subcontractor for the proposed construction and completion of ground treatment works of Section 4, for the East Coast Rail Link Project, for the total subcontract sum of RM16,966,415.21 (“the Contract”). The contract period shall be commencing from 15 October 2021 until 25 March 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 14 October 2021.

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF ADVANCECON (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board of Directors of Advancecon ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company intends to undertake a private placement of up to 10% of the total number of issued shares of Advancecon ("Advancecon Share(s)" or "Share(s)") to third party investor(s) to be identified later ("Proposed Private Placement"). Further details of the Proposed Private Placement are set out in the attachment. This announcement is dated 15 October 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3201382

Attachments Advancecon_PPGM_Announcement.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	69,649	72,837	194,811	177,267
2	Profit/(loss) before tax	3,163	3,592	2,068	1,475
3	Profit/(loss) for the period	1,849	3,132	428	-1,541
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,849	3,132	428	-1,541
5	Basic earnings/(loss) per share (Subunit)	0.46	0.79	0.11	-0.39
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 ($$)	0.4600		0.4600

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- ACCEPTANCE OF LETTER OF ACCEPTANCE BY ADVANCECON INFRA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FROM SIME DARBY PROPERTY (BUKIT RAJA) SDN BHD
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 22 November 2021 accepted the Letter of Acceptance (“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 1 (R10C, R10D and R10E), at Bandar Bukit Raja 2, Mukim Kapar, District of Klang, Selangor Darul Ehsan for the total contract sum of RM23,470,638.00 (“the Contract”). The overall contract period shall be commencing from 6 December 2021 until 5 August 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 22 November 2021.

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ADVANCECON HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Acquisitions
Details of corporate proposal	Acquisition by Advancecon Holdings Berhad of 260,100,006 ordinary shares in Spring Energy Resource Berhad ("SERB"), representing the 51% equity interest in SERB, from Fook Hua Holdings Sdn Bhd for a purchase consideration of RM30,400,000
No. of shares issued under this corporate proposal	33,000,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.4600
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	448,813,000
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 107,113,171.000
Listing Date	13 Dec 2021

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

ADVANCECON HOLDINGS BERHAD

Particulars of Substantial Securities Holder

Name	FOOK HUA HOLDINGS SDN. BHD.
Address	Suite 2302, 23rd Floor Wisma Tun Sambanthan No. 2, Jalan Sultan Sulaiman Kuala Lumpur 50000 Wilayah Persekutuan Malaysia.
Company No.	199601017339 (389690-P)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Share
Name of registered holder	Fook Hua Holdings Sdn. Bhd.
Address of registered holder	Suite 2302, 23rd FloorWisma Tun SambanthanNo. 2, Jalan Sultan Sulaiman50000 Kuala LumpurWilayah Persekutuan

Date interest acquired & no of securities acquired
Date interest acquired	09 Dec 2021
No of securities	33,000,000
Circumstances by reason of which Securities Holder has interest	Allotment of shares as part of the consideration paid by Advancecon Holdings Berhad for the acquisition of 51% equity interest in Fook Hua Holdings Sdn. Bhd.
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	33,000,000
Direct (%)	7.51
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	09 Dec 2021
Date notice received by Listed Issuer	10 Dec 2021

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")AGREEMENT ENTERED BETWEEN SPRING ENERGY SDN. BHD, ITS INDIRECT 51% OWNED SUBSIDIARY AND AALBORG RESOURCES SDN. BHD.
1.         INTRODUCTION The Board of Directors of Advancecon is pleased to announce that an indirect 51% owned subsidiary, Spring Energy Sdn. Bhd. (“SESB” or “the Contractor”) had on 18 December 2021 entered into an agreement with Aalborg Resources Sdn. Bhd. (“ARSB” or “Owner”) for the appointment of SESB as the Contractor for the extraction of minerals at the Relevant Mining Area held under Mukim Sungai Raja, Daerah Kinta (“Agreement”), subject to and upon the terms and conditions stipulated in the Agreement. 2.         INFORMATION ON ARSB ARSB was incorporated on 22 July 1994 under the Companies Act, 1965 as a private limited company. ARSB has an issued and paid-up capital of RM2,543,972 comprising of 2,554,972 ordinary shares. ARSB’s principal activity is to carry on quarrying of limestone and mining of kaolin. 3.         SALIENT TERMS OF THE AGREEMENT The salient terms of the Agreement include, amongst others, the following: Pursuant to the Agreement, ARSB, being the Owner is in possession of a mining permit issued by the Department of Mineral and Geoscience, Malaysia (otherwise known as Jabatan Mineral and Geosains Malaysia”)(“JMG”) to carry out mining activities on three (3) pieces of land held under Lot 301132, 151384, 201736, Mukim Sungai Raja, Daerah Kinta (“the Owner’s area”). The Owner and Omya Malaysia Sdn. Bhd. (“Omya”), a company in possession of mining permit over 5 pieces of land adjacent to the Owner’s area namely Lot 300114, 193140,182942, 182941, 301501 (“Omya’s area”) have formulated a Joint Mining Plan which has been incorporated by reference to and form part of the Agreement for the  extraction of minerals at the common boundary of the Owner’s area and Omya’s area (“the Relevant Mining Area”) by each appointing the Contractor as the sole and common contractor through the execution of separate agreements. SESB shall provide the following services in relation to the Relevant Mining Area:             (a)        Quarry development (opening access roads, overburden removal);             (b)        Extraction of limestone (drilling and blasting, hydraulic crushing);             (c)        Loading, hauling and side casting;             (d)        Crushing (operating the Owner’s crushing unit);             (e)        Washing (operating the Owner’s washing facility);             (f)         Stock arrangements and loading from stocks inclusive of quarry waste;             (g)        Compliance with the Joint Mining Plan including but not limited to the requirements of quantity, operational benches and haulage ramps;             (h)        Distribution management of the extracted minerals in accordance with the Joint Mining Plan;             (i)         Maintenance and removal of sediment from sedimentation pond. (collectively referred to as “the Works”) Estimated Contract Value of the Agreement The estimated contract value of the Agreement is RM18,100,000.00 and is based on the Agreement duration, monthly agreed extract and supply quantity to Owner and rate per MT. After taking into consideration the indirect 51% equity interest owned by Advancecon, Advancecon would potentially recognise RM9,231,000.00 of the contract value. Tenure of the Agreement The Agreement period for a period of four (4) years commencing from the date of execution of the Agreement until 31 December 2025 (“the Initial Term”) and the Term may be extended at the option of the Owner for another additional term of twelve (12) months from expiry of the Initial Term (“the Extended Term”) by notifying Contractor in writing three (3) months prior to the expiry of the Initial Term. 4.         INTERESTS OF DIRECTORS AND/OR SUBSTANTIAL SHAREHOLDERS AND/OR PERSON CONNECTED THEM None of the Directors nor substantial shareholders of Advancecon, or persons connected with them, has any interest, direct or indirect, in the Agreement. 5.         FINANCIAL EFFECTS The Agreement is not expected to have any material immediate effect on the net assets and gearing of the Group for the financial year ending 31 December 2021. 6.         APPROVAL REQUIRED The Agreement being incurred in the ordinary course of business and is not subject to the approval of the shareholders of Advancecon or any regulatory authorities. 7.         STATEMENT BY BOARD OF DIRECTORS The Board of Director of Advancecon, having taken into consideration all aspects of the Agreement is of the opinion that the Agreement is in the best interest of Advancecon Group. This announcement is dated 20 December 2021.