Gadang wins RM280mil data centre contract

TheStar Fri, Apr 26, 2024 05:59pm - 2 weeks View Original


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

In a filing with Bursa Malaysia, Gadang said the contract was for the design and development of Klang Valley Data Centre (KVDC) 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, during the duration of the contract.

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