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Swift Energy Technology Bhd has secured six purchase orders worth a combined RM59.07mil for data centre, oil and gas and solar power projects in Malaysia and Thailand
The project involves supplying equipment for a complete 11kV substation at a gas compression plant in Johor for an undisclosed customer, described as a “leading Malaysian integrated oil and gas company”
SCBUILD maintains a solid capitalization foundation, with net assets strengthening to RM50.77 million (RM0.01 per share) as of 31 July 2026, driven by retained quarterly profits. The balance sheet saw trade receivables rise to RM26.84 million, alongside total liabilities of RM16.99 million, while cash and cash equivalents stood at RM0.50 million following working capital allocation toward ongoing development projects