MN Holdings in China power collaboration


PETALING JAYA: MN Power Transmission Sdn Bhd (MNPT), a full subsidiary of MN Holdings Bhd (MNHB), has inked a memorandum of understanding (MoU) with China State Construction Engineering (M) Sdn Bhd (CSCEM) for the collaboration in an unspecified number of future data centre and clean energy projects.

These would include procuring, developing and undertaking any proposed jobs, especially in the power industry which may serve customers in the data centre, solar and independent power plant sectors throughout Malaysia, which may also expand into other Asean countries.

The two companies have agreed to cooperate in exploring, identifying, assessing and undertaking any proposed projects, while employing methods deemed fit to achieve the objectives of the MoU such as exchange of information and technical expertise.

The MoU is to run immediately for two years from yesterday.

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