KUALA LUMPUR: Southern Cable Group Bhd
is upbeat on its prospects, backed by robust demand from data centre and renewable energy initiatives under the National Energy Transition Roadmap (NETR), national grid upgrades and rising infrastructure activity.
The cable and wire manufacturer said ongoing investments across the power infrastructure value chain, coupled with its expanding production capacity and RM1.36bil order book, are expected to support its growth momentum.
Managing director Tung Eng Hai said sustained industrial and data centre developments were driving stronger electricity consumption, while the energy transition was reshaping the country's power landscape.
“These tailwinds are set to drive sustained investment across the power infrastructure value chain, creating a supportive backdrop for us,” he said in a statement.
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