PETALING JAYA: Southern Score Builders Bhd
(SSBB) has entered into two sub-contract agreements with a local construction company to undertake the construction, completion, testing and commissioning of Electrical Package 3 and other associated works for two data centre (DC) projects in Port Dickson, Negri Sembilan, totalling RM146.8mil.
In a filing with Bursa Malaysia, SSBB said the projects will not have any effect on the share capital and shareholding structure of the company, adding that there will not be any immediate effect on the net assets per share and gearing of the group.
“However, the project is expected to contribute positively to the net assets and earnings per share of the company and its group of companies for the financial year ending June 30, 2027 onwards until the completion of the projects.
“The board is of the opinion that the projects are in the ordinary course of business and is in the best interest of the group,” said the company.
