iCents to build RM36.15mil semiconductor facility


PETALING JAYA: iCents Group Holdings Bhd has been awarded a project by a US-based company valued at a total RM36.15mil for a semiconductor wafer processing facility in Selangor.

The company said in a stock exchange filing that the project comprises two stages, with stage one having been formally awarded covering engineering, procurement, construction and commissioning (EPCC) works worth RM21.05mil to be completed in 18 weeks.

It added that stage two worth RM15.10mil would be subject to a subsequent written award notice. The company noted that the project strengthens its presence in the semiconductor industry and reinforces capabilities in delivering integrated EPCC solutions for advanced manufacturing facilities.

It expects the project to contribute positively to the net assets and earnings per share of the company for the financial year ending June 30 2027 onwards until its completion.

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