<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 18): Southern Score Builders Bhd (KL:<a href="/askedge/klse/0045" class="ce-stock" target="_blank">SSB8</a>) said a 51%-owned unit has secured a subcontract worth RM47.52 million for infrastructure work on a data centre project.</p></div>

<div class=newsTextDataWrapInner><p>SJEE Engineering Sdn Bhd accepted the letter of award from an undisclosed local construction company for the supply, installation, testing and commissioning of electrical, extra low voltage, telecommunication and security works, according to an exchange filing on Monday.</p></div>

<div class=newsTextDataWrapInner><p>The job commenced on May 7 and is expected to be completed by March 11, 2027.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The contract is the latest secured through SJEE Engineering since Southern Score acquired the stake in January last year for RM20.66 million. The remaining 49% in SJEE is owned by engineer-turned-businessman Ngo Hea Bing.</p></div>

<div class=newsTextDataWrapInner><p>In March, SJEE Engineering announced two electrical system contracts for data centres worth a combined RM189 million from a local construction company.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Southern Score ended half a sen or 0.92% lower at 54 sen on Monday, valuing the company at RM1.22 billion.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:</em><br />
<em><a href="https://theedgemalaysia.com/node/711399" target="_blank">Southern Score Builders to buy 51% stake in electrical contractor to broaden presence in construction value chain</a></em></p></div>


Southern Score Builders Bhd (KL:SSB8) said a 51%-owned unit has secured a subcontract worth RM47.52 million for infrastructure work on a data centre project.

Southern Score unit bags RM47.52 mil data centre subcontract

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<p>Kerjaya Prospek Property Bhd (KL:KPPROP) launched its latest residential project, AndaBreeze, in Batu Kawan, Penang, bringing the developer’s total gross development value (GDV) of ongoing projects to about RM2 billion.</p>


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<p>Swiss Finance Minister Karin Keller-Sutter downplayed a suggestion that UBS Group AG could quit Switzerland to avoid stricter capital rules there, saying such a move would be more expensive than to stay.</p>


<p>Kuehne+Nagel International AG sees at least three years of double-digit growth in the burgeoning business of logistics services catering to big technology companies and the data centres they’re building to handle the boom in artificial intelligence (AI).</p>


<p>Bangkok authorities declared a flood disaster across the Thai capital on Saturday after almost 48 hours of heavy rain left canals full, roads submerged and residents wading through deep water.</p>


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<p>The White House has offered assurances that the Trump administration won’t ban US diesel exports, Senator Ted Cruz told refining industry leaders late on Friday.</p>


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<p>The US and China will set up a "communication channel" for artificial intelligence (AI) incidents, the White House said on Friday.</p>


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<p>Limousines whisked world leaders away from the United Nations (UN) on Friday after a week of speeches, meetings and hallway diplomacy.</p>


<p>Russian President Vladimir Putin said on Friday that all proposals for a settlement in the 4-1/2-year-old war with Ukraine remained on the table, but Moscow still needs to assess what is in its best interests.</p>
