LATEST NEWS   The government launches Jana MyPesara with a RM20 mln microfinancing allocation to help retirees better manage and run their businesses - Amir Hamzah | Fahmi appreciates Suhaimi’s service as Broadcasting DG, his work and contributions over the past three years will not be forgotten | Maxis Bhd declares total FY2025 dividend of 17.5 sen, including a fourth interim dividend of 4 sen per share and a one-time dividend of 1.5 sen per share for 4Q | Maxis Bhd’s net profit and revenue up 11.8 pct and 0.9 pct to RM1.56 bln and RM10.63 bln in FY2025 | The digital economy will be a key driver in achieving Malaysia’s quality investment targets in 2026 - Tengku Zafrul | 
BUSINESS • 27/05/2025 07:01 PM

MN Holdings Unit Bags Data Centre Contract Worth RM52.50 Mln

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

 

 

More News

Categories

Tags