Sunday 24 Nov 2024
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KUALA LUMPUR (March 6): Jati Tinggi Group Bhd’s wholly owned subsidiary Jati Tinggi Holding Sdn Bhd has secured a RM22.06 million job to lay underground cables for a data centre in the southern region of Peninsular Malaysia.

According to a bourse filing, Jati Tinggi received the contract from Worktime Engineering Sdn Bhd.

“The nature of the contract is to lay a 275kV underground cable double circuit for a data centre,” the group said, adding that the scope of works includes the erection of power cables, fibre optic cables, joint and termination works, together with other ancillary works.  

The contract is to span a 13-month period commencing March 27, 2024. 

Jati Tinggi said the contract is expected to contribute positively to the group’s earnings over the duration of the contract.

Shares in Jati Tinggi ended unchanged at 31 sen on Wednesday, valuing the group at RM121.46 million. 

Edited ByKathy Fong
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