KUALA LUMPUR, May 27 (Bernama) -- MN Holdings Bhd announced that its wholly owned subsidiary, MN Power Transmission Sdn Bhd, has secured a data centre contract valued at RM52.50 million.
In a filing with Bursa Malaysia, the infrastructure utilities construction and engineering solutions provider stated that the project involves designing, supplying, installing, maintaining, testing, and commissioning a data centre.
The project is located in the southern region of Malaysia and is scheduled to commence on April 15, 2025, with targeted completion by Sept 30, 2025.
“The letter of award will not have any effect on the issued share capital or the shareholdings of the substantial shareholders of the company. However, it is expected to contribute positively to the future earnings and net assets per share of the company upon commencement of the project,” said MN Holdings.
It noted that it is unable to disclose the identity of the awarding party, as the company has not agreed to provide consent for disclosure.
This is in accordance with a non-disclosure agreement executed by both parties, which strictly prohibits the release of any customer-related information without prior written consent.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
