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CBHB’s outstanding order book stands at c.RM890m, equivalent to 4.1x FY25 revenue, supported by RM477m in YTD contract replenishments. This puts the group firmly on track to meet its RM600m internal target, underpinned by accelerating contract wins over the past two months. Meanwhile, a sizeable RM1bn tender book, of which c.80% is data centre-related, offers further earnings upside should these tenders successfully convert into orders.
