KUALA LUMPUR (Sept 9): Infrastructure and engineering solutions provider Jati Tinggi Group Bhd (KL:JTGROUP) said it has bagged two contracts worth RM36.36 million for the installation of underground cables.
The first contract with a tenure of 17 months is valued at RM6.59 million. The contract, awarded by Worktime Engineering Sdn Bhd, involves the installation of 132kV underground cables for a data centre at Bukit Jalil.
“The scope of works would include the erection of power cables, fibre optic cables, joint and termination, testing, commissioning, and all ancillary works,” the company said in a bourse filing on Monday.
The second contract, worth RM29.77 million, is to lay 33kV aluminium cross-linked polyethylene underground cables for asset development in the southern region of Peninsular Malaysia,
The contract, awarded by YM Teras Sdn Bhd, is valid for 580 days from the acceptance date.
Jati Tinggi had in March and July bagged two similar contracts worth a combined RM42 million from Worktime Engineering to lay underground cables for data centres in the southern region of Peninsular Malaysia.
Last month, Jati Tinggi won a RM39.9 million contract from YM Teras for the installation of 33kV aluminium cross-linked polyethylene underground cables for asset development in Selangor.
Shares in Jati Tinggi ended unchanged at 45 sen on Monday, valuing the group at RM176 million.