ADVANCECON PARTNERS WITH SURPLUSLOOP TO BOOST VALUE RECOVERY AND ESG GOALS
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KUALA LUMPUR, 22 SEPTEMBER 2025 – Advancecon Holdings Berhad (前进控股有限公司) (“Advancecon” or “the Group”) (Bursa: 5281), an established provider of earthworks and civil engineering services in Malaysia, today announced a long-term strategic partnership with SurplusLoop, an Antler-backed startup transforming surplus asset management through AI and automation.
By adopting a structured approach to managing surplus machinery, equipment, and materials, the Group is able to recover value from idle assets while minimising waste and reducing environmental impact; reflecting Advancecon’s broader ESG agenda.
Since the pilot in early 2025, SurplusLoop has enabled Advancecon to re-circulate 42 assets and resell RM2.5 million worth of surplus machinery, equipment, and spare parts. The initiative has diverted over 840 tonnes of waste from landfills and avoided an estimated 4,200 tonnes of CO₂ emissions — equivalent to the carbon absorbed by 210,000 trees annually — underscoring Advancecon’s commitment to environmental stewardship and sustainable value creation.