Powerwell unit bags RM158.82mil switchboard supply contract


KUALA LUMPUR: Powerwell Holdings Bhd's wholly-owned subsidiary, Kejuruteraan Powerwell Sdn Bhd, has secured a RM158.82mil supply contract from a leading international contractor for the delivery of low voltage switchboards for a data centre project in Johor.

It said in a filing with Bursa Malaysia, the contract is expected to be fulfilled by the financial year ending March 31, 2027.

"The supply contract is expected to contribute positively to Powerwell's consolidated earnings and net assets for the financial year ending March 31, 2027, it said.

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