MN Holdings wins RM39.59mil data centre job

PETALING JAYA: MN Holdings Bhd has secured a contract from an information technology services provider (Company A) to design, supply, install, test and commission an electrical supply system for a cable landing station of a data centre in the Southern Region of Malaysia, worth RM39.59mil.

In a filing with Bursa Malaysia, the infrastructure utilities and construction services provider said it was unable to disclose the identity of Company A as the company is not agreeable to provide consent for disclosure due to the non-disclosure agreement executed by the parties, which prohibits the disclosure of information in relation to the customer without prior written consent.

MN Holdings said the job commenced on April 15, 2025, with the long lead equipment delivery scheduled for Sept 30, 2025.

The “power turn-on” is expected to be on Dec 30, 2025.

MN Holdings said the contract will not have any effect on the issued share capital and the shareholding of the substantial shareholders of the company.

However, it said the contract is expected to contribute positively to the future earnings and net assets per share of the company upon commencement of the project.