BUSINESS

Sunway Construction Awards Rm416.78 Mln Sub-contract Works To Sunway Engie Dc

19/07/2024 10:51 PM

KUALA LUMPUR, July 19 (Bernama) -- Sunway Construction Sdn Bhd (SCSB) has awarded a RM416.78 million sub-contract to Sunway Engie DC Sdn Bhd, a 70:30 joint venture between its wholly-owned unit Sunway Engineering Sdn Bhd (SESB) and Engie Services Malaysia Sdn Bhd.

Sunway Construction Group Bhd (SunCon), which indirectly owns SCSB, said the sub-contract works relate to the construction and installation of mechanical and electrical system, including all associated ancillary works, for a data centre to be built in Selangor for a United States-headquartered multinational technology corporation.

“The sub-contract works are for a period of 36 months, and are expected to be completed by the second quarter (2Q) of 2027,” it said in a filing with Bursa Malaysia today.

SunCon announced on March 21, 2024, that SCSB had bagged a RM747.8 million job to build a data centre for a US-based multinational technology corporation in Selangor.

It said the project work was scheduled to start no later than May 15, 2024, and would be completed by 2Q 2027.

The construction company expects the sub-contract to contribute positively to the earnings of the group for the financial year ending Dec 31, 2024 onwards.

Engie Services Malaysia is principally engaged in developing, owning and operating district cooling, onsite solar and onsite thermal energy facilities for production of utilities, provision of energy efficiency solutions and engineering, design and installation for data centre projects.

-- BERNAMA

 

 


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