Gadang gets RM280mil data centre job


KUALA LUMPUR: Gadang Holdings Bhd’s wholly owned subsidiary, Gadang Engineering (M) Sdn Bhd, has secured a contract from TM Technology Services Sdn Bhd worth RM280mil.

In a filing with Bursa Malaysia, Gadang said the contract is for the design and development of the Klang Valley Data Centre Block 2 in Cyberjaya, Selangor.

The contract is for two years, commencing from April 24, 2024 until April 23, 2026. Gadang said the contract is expected to contribute positively to its earnings for the financial year ending May 31, 2025 onwards.

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

GadangContract , TMDataCentre , Cyberjaya

   

Next In Business News

DRB-Hicom inks two MoUs to promote investment, explore R&D and talent development in AHTV, Perak
Pekat Group completes 60% acquisition of Apex Power, expands into power equipment business
Perdana Petroleum's unit secures vessel charter contract with IPC Malaysia
China steps up efforts to open up its capital market
Oil eases from highest in weeks, investors eye Fed rate cuts
Pengerang Energy Complex secures US$3.5bil project financing from global export credit agencies
Advancecon bags RM44.6mil construction contract from Sime Darby Property
Gamuda wins RM1.87bil contract for Goulburn River Solar Farm in Australia
FBM KLCI slides at midday as market sentiment remains cautious
Indonesia's November exports up 9.1% y/y, more than expected

Others Also Read