About Advancecon
Advancecon is a publicly listed company based in Petaling Jaya (Malaysia) founded in 1993 by Dato Phum Ang Kia and Lim Swee Chai. Infrastructure development and civil engineering services are provided. The company has 1,010 employees. Advancecon has completed 1 acquisition, including Spring Energy. Its chief executive, as recorded, is Dato Phum Ang Kia. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Infrastructure.
Company details
Advancecon was established in 1993 in Petaling Jaya, Malaysia, focusing on the infrastructure and civil engineering sector. Services encompass construction projects, road development, and related engineering solutions, primarily within Malaysia. Operations are led by co-founders Dato Phum Ang Kia and Lim Swee Chai, both serving as CEOs. The company maintains a presence through its domain advancecon.com.my, supporting regional infrastructure needs.
- Headquarters Petaling Jaya, Malaysia
- Employees 1,010
- Founders Dato Phum Ang Kia, Lim Swee Chai
- Stage Public
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website advancecon.com.my
- Social LinkedIn Facebook
- Legal Name Advancecon Holdings Bhd.
- Annual Revenue$104.31 M (USD)10.45as on Dec 31, 2025
- Net Profit$1.63 M (USD)as on Dec 31, 2025
- EBITDA$14.72 M (USD)178.1as on Dec 31, 2025
- Employee Count1,010
- Investments & Acquisitions
People of Advancecon
2 people are tracked at Advancecon (2 in leadership); the tracked headcount is 1,010.
| Name | Role | Group |
|---|---|---|
Dato Phum Ang Kia | Co-Founder & CEO | Leadership |
Lim Swee Chai | Co-Founder & CEO | Leadership |
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IPO & Listings of Advancecon
Advancecon is a publicly listed company on the MYX with ticker symbol ADVCON in Malaysia, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Jul 2017
- Listed onKLSE: ADVCON
- Listed entityAdvancecon Holdings Bhd.
- Exchange sectorIndustrial services
- ISINMYL5281OO000
- Share price0.17 MYR · 2026-10-14
- Market capitalisation100,686,362.00 MYR
- Price to earnings13.3
- EPS (diluted, trailing year)0.01 MYR
- Volume (last session)188,800
Financials of Advancecon
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 423.3M MYR | 6.6M MYR | 59.7M MYR |
| 2024 | 383.2M MYR | -22.7M MYR | 21.5M MYR |
| 2023 | 449.8M MYR | -34.3M MYR | 7.3M MYR |
| 2022 | 422.4M MYR | -23.4M MYR | 42.6M MYR |
| 2021 | 270.8M MYR | 2.0M MYR | 29.6M MYR |
Detailed financial statements for Advancecon
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Investments & Acquisitions by Advancecon
Advancecon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spring Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Quarry operations, products, and related services are provided. | springenergy.org | Petaling Jaya, Malaysia | 1997 | Jun 2021 | $7.38M |
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Timeline of Advancecon
3 dated milestones of Advancecon across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Advancecon is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Spring Energy.
Web traffic of Advancecon
The website of Advancecon (advancecon.com.my) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 21.1% vs previous month
Websites whose visitors overlap most with Advancecon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| securities.com | 100% | View details | |||
| ramcreditinfo.com.my | 61% | View details | |||
malaysia.com | malaysia.com | 60% | – | ||
panpages.my | panpages.my | 60% | – | ||
malaysia.yahoo.com | malaysia.yahoo.com | 60% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Advancecon
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Related news about Advancecon
Complete news archive for Advancecon
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Frequently Asked Questions about Advancecon
Advancecon was founded in 1993.
Advancecon is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Dato Phum Ang Kia is the CEO of Advancecon, as recorded in our data. They have also founded this company.
Advancecon has 1,010 employees.
Annual revenue of Advancecon is $104.31M as on Dec 31, 2025.
Advancecon was established in 1993 in Petaling Jaya, Malaysia, focusing on the infrastructure and civil engineering sector. Services encompass construction projects, road development, and related engineering solutions, primarily within Malaysia. Operations are led by co-founders Dato Phum Ang Kia and Lim Swee Chai, both serving as CEOs. The company maintains a presence through its domain advancecon.com.my, supporting regional infrastructure needs.
Yes, Advancecon is publicly traded on MYX under the ticker symbol ADVCON.
Advancecon has made 1 acquisition, including Spring Energy.