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Advancecon Unit Files RM10.17 Million Adjudication Claim Against CCC ECRL
Advancecon Unit Files RM10.17 Million Adjudication Claim Against CCC ECRL

BusinessToday

time06-08-2025

  • Business
  • BusinessToday

Advancecon Unit Files RM10.17 Million Adjudication Claim Against CCC ECRL

Advancecon Holdings Berhad has announced a new development in its ongoing material litigation, with its wholly-owned subsidiary, Advancecon Infra Sdn Bhd , filing an adjudication claim of RM10.17 million against China Communications Construction (ECRL) Sdn Bhd. The Adjudication Claim was formally issued and served to CCC on August 5, 2025, under the Construction Industry Payment and Adjudication Act 2012 According to the company, a decision from the adjudicator is expected within the statutory timeframe of 45 working days from the close of pleadings. Advancecon has stated that it will provide further updates on any significant developments regarding the proceedings as they occur.

Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)
Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)

Yahoo

time02-03-2025

  • Business
  • Yahoo

Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)

Revenue: RM383.2m (down 15% from FY 2023). Net loss: RM21.9m (loss narrowed by 36% from FY 2023). RM3.82 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Advancecon Holdings Berhad shares are down 4.1% from a week ago. What about risks? Every company has them, and we've spotted 3 warning signs for Advancecon Holdings Berhad (of which 2 shouldn't be ignored!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)
Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)

Yahoo

time02-03-2025

  • Business
  • Yahoo

Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)

Revenue: RM383.2m (down 15% from FY 2023). Net loss: RM21.9m (loss narrowed by 36% from FY 2023). RM3.82 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Advancecon Holdings Berhad shares are down 4.1% from a week ago. What about risks? Every company has them, and we've spotted 3 warning signs for Advancecon Holdings Berhad (of which 2 shouldn't be ignored!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

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