Jati Tinggi secures RM86mil contract


PETALING JAYA: Jati Tinggi Group Bhd (JTGB) has secured a contract from a customer to design and build a 275 kilovolts overhead line, landing station and associated substation primary systems at the Klang Valley Technology Park, Kapar, Selangor, worth RM86mil.

In a filing with Bursa Malaysia, JTGB said the contract includes civil and structural works, conductor installation, geographic information system interface works, landing station equipment, remote-end equipment supply, system integration, testing and final handover for commercial operation of a data centre.

“The contract shall be effective from the date for possession up to Sept 30, 2026.”

JTGB said the contract is expected to contribute positively to the future earnings, earnings per share and net assets per share of the company over the duration of the contract.

The company added that the contract will not have any effect on its share capital and shareholdings of its substantial shareholders.

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

Next In Business News

Kim Loong maintains 5% FFB growth target
Insights Analytics secures exclusive Malaysian rights for p-CAT pipeline technology
RHB Bank fully redeems US$500mil senior unsecured notes
SC issues guidance note on sukuk to strengthen alignment with�Maqasid al-Shariah
Ringgit strengthens against major, regional currencies at the close
YLI in proposed land development deal
PMCK FY26 profit jumps 35% as healthcare demand stays resilient
Sunway deepens regional ties with high-level Jakarta visit
Sports Toto unit subscribes to RM12mil Berjaya IPS medium-term notes
Berjaya Property to subscribe for 29% stake in Manjaran for RM58mil

Others Also Read