Gadang wins RM280mil data centre contract


KUALA LUMPUR: Gadang Holdings Bhd’s wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd (GESB) has secured a contract from TM Technology Services Sdn Bhd worth RM280mil.

In a filing with Bursa Malaysia, Gadang said the contract was for the design and development of Klang Valley Data Centre (KVDC) Block 2 in Cyberjaya, Selangor.

The contract is for two years, commencing from April 24, 2024 until April 23, 2026.

Gadang said the contract is expected to contribute positively to its earnings for the financial year ending May 31, 2025 onwards, during the duration of the contract.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Apex Healthcare takeover becomes unconditional
Citaglobal wins two infrastructure projects totalling RM82.7mil
Ringgit ends lower amid profit-taking, lack of fresh market catalysts
MN Holdings wins RM177mil contract from TNB
AmanahRaya REIT completes RM390mil issuance under RM2bil MTN programme
Greenyield appoints Tham Kin Shun as acting MD
AME Elite to sell Johor industrial properties to CapitaLand Malaysia Trust for RM220.8mil
Kim Loong to acquire 75% stake in Kim Loong Mills Sarawak for RM10mil
George Kent wins RM34.5mil contract from Prasarana
FBM KLCI ends at intraday high, marks 16-month high

Others Also Read