TA Research expects substantial earnings contributions to kick in from FY25.
PETALING JAYA: Gadang Holdings Bhd
’s construction of a data centre (DC) will be earnings positive for the construction company from its financial year 2025 (FY25) onwards.
TA Research stated the RM280mil two-year contract to design and develop the Klang Valley data centre block two in Cyberjaya, Selangor, secured by Gadang’s wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd from TM Technology Services Sdn Bhd, was the group’s first new and such type of construction job in FY24.
