With the public tranche of Advancecon's IPO oversubscribed by 10.28 times, Yeo believes the timing is now right for the earthworks and civil engineering specialist to tap the capital markets to fund its expansion plans.

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  IPO,  listing,  earthworks,  civil engineering,  S P Setia,  Ecoworld,  foreign labour,  forex,  ringgit,  infrastructure,  highway,  Pan Borneo,  OBOR,  One Belt One Road,  West Coast Expressway,  CEO/Business leaders