Quick take: Advancecon active, up 6% on shift into renewable energy


KUALA LUMPUR: Shares in Advancecon Holdings Bhd rose almost 6% in early trade Wednesday after the group proposed to diversify into renewable energy business and related activities.

The specialist provider of earthworks and civil engineering services rose 5.81%, or 2.5 sen to 45.5 sen with 9.27 million shares traded. It is currently trading at a PE ratio of 16.03 times.

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Advancecon , renewable energy

   

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