Malaysia
JATI TINGGI BAGS RM80 MIL TNB CONTRACT TO LAY CABLES FOR DATA CENTRE CONNECTION
Kuala Lumpur, 4 March 2026 – Jati Tinggi Group Bhd has secured a RM79.86 million (approximately EUR 16.78 million) contract from Tenaga Nasional Bhd to install 275 kilovolts (kV) double-circuit underground cables to connect a data centre in Pasir Gudang, Johor. The project will take 270 days to complete from a commencement date to be determined later and is expected to contribute positively to the group’s earnings and net assets per share over the contract period. Following the announcement, Jati Tinggi’s shares closed at 58.5 sen, giving the company a market capitalisation of about RM255 million (approximately EUR 53.57 million).Source - https://theedgemalaysia.com/node/794968 (ICE KUALA LUMPUR)
Fonte notizia: 4 Marzo 2026, Kuala Lumpur
