Powerwell wins jobs worth RM9mil


PETALING JAYA: Powerwell Holdings Bhd, via its wholly owned subsidiary, Kejuruteraan Powerwell Sdn Bhd, has secured a RM9.48mil contract to supply switchboards and components for a data centre project in Selangor.

In a filing with Bursa Malaysia, the electricity distribution products specialist said the contracts were secured with an international construction firm and mechanical and electrical engineering company.

“The orders are expected to be fulfilled by the first quarter of calendar year 2026. It is also expected to contribute positively to Powerwell’s consolidated earnings and net assets for the financial year ending March 31, 2026,” it said.

Powerwell managing director Catherine Wong Yoke Yen said: “The latest award highlights Powerwell’s continued role in supporting the nation’s growing demand for reliable power solutions in data centere developments.

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

Next In Business News

Orkim opens unchanged at 92 sen on Main Market debut
Fitch Ratings expects Apac sovereigns to remain resilient in 2026
Ringgit opens lower against US$ ahead of FOMC meeting
Cautious trading persists on Bursa as investors await Fed rate decision
Trading ideas: MISC, SimeProp, Perak, XOX, Quality Concrete, Gagasan Nadi, JAG, IOIPG, Tanco, DRB-Hicom, Ramssol, SMRT
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
US stocks end lower as investors wait for Fed rate decision
Indonesia signs MoU for national car
Altice seeks cooperation agreement from creditors
SimeProp sees potential in built-to-lease models

Others Also Read