KUALA LUMPUR: ACE market-bound Cheeding Holdings Bhd’s wholly owned subsidiary, Pembinaan Bukit Cheeding Sdn Bhd (PBC), has received a letter of acceptance (LOA) from Tenaga Nasional Bhd
(TNB) for a power supply project worth RM33.94mil.
In a filing with Bursa Malaysia, Cheeding said the contract involves the proposed 275kV bulk supply to Computility Technology Sdn Bhd at Plot 1, Tropicana Development in Gelang Patah, Johor, which will provide interim supply to Computility Technology’s data centre.
The utilities engineering services firm said the contract is effective from Oct 2, 2025, and is scheduled for completion within 240 days from the commencement date.
Cheeding said the contract is expected to contribute positively to the group’s earnings over its duration.
