PETALING JAYA: Southern Cable Group Bhd
has secured a supplementary RM403.6mil supply contract from Tenaga Nasional Bhd (TNB).
In a statement, the cable and wire manufacturer said the contract entails the supply of underground power cables and conductors to TNB’s distribution network division.
“The agreement reflects TNB’s exercise of an add-on option under the original contract awarded in February 2025. The new order supplements the original contract value and ensures continued supply over an additional one-year term from August 2026 until August 2027.
“Including the latest contract, the group’s total orders in hand have expanded to over RM1bil, providing clear earnings visibility until 2027.”
In the same statement, Southern Cable managing director Tung Eng Hai said securing the supplementary contract from TNB reflects sustained demand for power cables and validates the company’s technical capabilities in meeting strict reliability standards required for the national grid.
“Malaysia’s power sector continues to exhibit strong growth, driven by renewable energy integration, rapid data centre expansion, and industrial developments.”
