HSS Engineering Bhd excutive vice chairman Tan Sri Kuna Sittampalam.
PETALING JAYA: HSS Engineers Bhd
is bidding for four data centre-related projects as part of a broader push for global growth.
Group general manager Anand Sharvanandan said the company is also exploring new opportunities in Indonesia.
“We have already completed two data centre projects in Johor – one in Sedenak and another for Yondr’s Yellowwood Phase 1,” he told reporters at a press conference following the company’s AGM.
Anand said the company has also just completed the first phase of K2 Strategic Infrastructure Malaysia Sdn Bhd’s project and was recently appointed for Phase 2, with the team mobilised in March.
“In addition, we are involved in several ongoing projects, including facilities in Kempas, Johor; Bagan Datuk, Perak; and Yellowwood Phase 2.
“We are also working on two new data centres in Cyberjaya, Infinaxis and Basis Bay,” he said.
The group’s current order book for data centres stands at approximately RM70mil, with a tender book of around RM30mil.
Meanwhile, HSS Engineers executive vice-chairman Tan Sri Kuna Sittampalam said the group remains confident of maintaining strong growth in the financial year ending Dec 31, 2025 (FY25) and beyond, as it expands and diversifies across multiple sectors and international markets.
He added that the group’s RM2.1bil order book provides earnings visibility for the next eight years, building on momentum from a record-high net profit of RM25.2mil in FY24.
He said the group maintains a healthy tender book of RM475mil and continues to pursue new contracts domestically and overseas. “We have secured RM65mil in contract wins year-to-date.
“The group’s overall order book currently stands at RM2.07bil. FY25 looks promising for us, both domestically and internationally, with several opportunities showing strong potential,” he said.
On international operations, he said the group is on track to meet its target of deriving 25% of revenue from overseas projects by 2027.
“In Indonesia, we have acquired a 12% stake in PT Oriental Indonesia, establishing a strategic foothold in the market,” he said.
In Iraq, Kuna said the group is currently working on the Baghdad Metro contract – a seven-line, US$17.5bil project. “We are in a 50:50 joint venture, with total fees amounting to RM1.5bil,” he said. — Bernama
