【ADVCON 5281 交流专区】

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Type	Announcement
Subject	OTHERS
Description	ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY")- ACCEPTANCE OF LETTER OF AWARD BY ADVANCECON INFRA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FROM G&P PROFESSIONALS SDN. BHD.
Introduction The Board of Directors of Advancecon is pleased to announce that Advancecon Infra Sdn. Bhd. (“AISB”), a wholly-owned subsidiary of the Company had on 21 March 2025 accepted the Letter of Award from G&P Professionals Sdn. Bhd. (“G&P”) for the appointment of AISB as the contractor for the proposed construction and completion of site clearing, earthwork, erosion and sediment control, water reservoir embankment and other ancillary works at Lot 13450, Lot 271 (PT 2400/ HSD 7078), Lot 272 (PT 3479/ HSD 8972) and Lot 4044, Ladang Londah, Mukim Gemas, Daerah Tampin, Negeri Sembilan for F&N Agrivalley Sdn. Bhd., at a total consideration of RM56,636,944.00 (“the Contract”). The contract period would be ten (10) months from the date of site possession issued by G&P. AISB is principally involved in the business of providing earthworks and civil engineering services and sales of construction materials. 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 shareholders’ approval. This announcement is dated 24 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3537134

Attachments Advancecon - Press Release.pdf

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ADVANCECON HOLDINGS BERHAD

Date of change	16 Apr 2025
Name	MR TAN CHEE KEONG
Age	45
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Due to personal reasons
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No

Qualifications

Major/Field of Study

Institute/University

Additional Information

Working experience and occupation	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Direct Interest - 724,600 Ordinary sharesIndirect Interest - Nil

Remarks :

The position should read as Executive Director and Group Chief Financial Officer.

Date of change	17 Apr 2025
Name	MISS ALICIA CHIN MEI YOKE
Age	48
Gender	Female
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Certified Performance Coach, ICF L2 certification International Coaching Federation 2 Professional Qualification Practical Decision Making using Data Science NUS Business School Executive Education 3 Professional Qualification Lean Six Sigma (Black Belt) GE Company 4 Degree Bachelor of Science in Mathematical Science with Finance & Economics City University, London
Working experience and occupation	Madam Alicia Chin Mei Yoke ("Alicia") is an accomplished finance leader with over 25 years of experience in financial management, strategic planning, and transformation leadership, primarily within the oil and gas industry.She has held various senior leadership positions across Asia Pacific with renowned multinational corporations, including Baker Hughes and General Electric.Her most recent role was as Assistant Controller & Transformation Leader at Baker Hughes' Global Finance Organization, where she was responsible for financial operations across two global hubs. She led organizational design strategies, for a team of over 600 personnel, and spearheaded initiatives to enhance profitability, operational efficiency, and compliance.Prior to that, Alicia served as APAC Finance Leader and Asia Services Finance Leader at Baker Hughes and GE Oil & Gas, where she led financial planning, cash flow management, and commercial analytics for regional businesses with revenues of USD 1 billion. Her strategic acumen and collaborative leadership significantly improved financial performance and operational outcomes.Alicia is a graduate of General Electric's prestigious GE Financial Management Program, certified GE's Six Sigma Black Belt and is also a Certified Performance coach.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Nil