KUALA LUMPUR (Feb 10): Divfex Bhd’s (KL:DFX) 51%-owned subsidiary Excel Commerce Solutions Sdn Bhd has clinched a new letter of award valued at RM18.5 million to supply and install data centre equipment systems.

The project, which was awarded by Extreme Broadband Sdn Bhd, is set to commence this month and expected to be completed by August, said Divfex in a filing with Bursa Malaysia on Monday.

Excel Commerce Solutions had previously secured a similar contract from Extreme Broadband in August 2024 for the supply and installation of data centre equipment systems worth RM46.6 million at the time.

According to Divfex, Excel Commerce Solutions was incorporated in 2005 to provide IT outsourcing services in Malaysia. Meanwhile, Extreme Broadband is in the business of providing system integration, application development, network consultancy related services, data centre management, disaster recovery services, maintenance support and other IT related services in Malaysia.

At Monday's market close, shares of Divfex were unchanged at 12 sen for a market capitalisation of RM89.49 million.

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