Latest news with #CBHEngineeringHoldingBhd
The Star
4 days ago
- Business
- The Star
Trading ideas: CBH, Sunway, Mudajaya, NexG, NationGate, iCents, Zetrix, Saliran, Berjaya, SunCon
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. CBH Engineering Holding Bhd has secured a contract worth RM172mn from an undisclosed client to build a substation's electrical supply system at a proposed data centre in Selangor. Sunway Bhd and its Singapore-based JV partner, Sing Holdings Residential Pte Ltd, have secured a residential development project worth RM2.3bn in Chuan Grove, Singapore. Mudajaya Group Bhd said its Indian unit RKM Powergen has been cleared by the High Court of Madras in a case linked to the alleged fraudulent acquisition of the Fatehpur East Coal Block in Chhattisgarh, allocated in 2008. NexG Bhd has secured a six-month contract extension from the Home Affairs Ministry to continue supplying passport chips to the Immigration Department. Nationgate Holdings Bhd said the recent raid by the Malaysian Anti-Corruption Commission on its wholly-owned subsidiary is not expected to have a significant impact on the group's financial performance or operations — for the time being. iCents Group Holdings Bhd is optimistic about achieving double-digit revenue growth in the near term, driven by strong demand for its services and contributions from its manufacturing segment. Kumpulan Wang Persaraan Diperbadankan has ceased to be a substantial shareholder in Zetrix AI Bhd after disposing of nearly eight million shares in the company earlier this week. Saliran Group Bhd has appointed Yong Wai Kin, the company's chief financial officer, as executive director of the company. Tan Sri Lim Kuang Sia, founder and group managing director of Kossan Rubber Industries Bhd , and his brother Lim Kuang Wang are no longer substantial shareholders of Berjaya Corp Bhd. The Employees Provident Fund has ceased to be a substantial shareholder in Sunway Construction Group Bhd .
The Star
5 days ago
- Business
- The Star
CBH secures RM172mil data centre job
KUALA LUMPUR: CBH Engineering Holding Bhd's wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a contract to design and build an electrical supply system for a 275 kilovolt (kV)/13.8kV consumer substation for RM172mil. 'The board is unable to disclose the identity of the employer as the employer is not agreeable to provide consent for disclosure to this announcement,' CBH said in a filing with Bursa Malaysia. CBH said the contract is to design, supply, install, test and commission an electrical supply system for a 275kV/13.8kV consumer substation for a proposed data centre located in Selangor. The scope of works comprises supply, erection, installation, testing and commissioning of all substation equipment and associated civil works for the electrical supply system for the consumer substation. The contract period is for 14 months from the date of commencement, July 11, 2025. — Bernama
Barnama
5 days ago
- Business
- Barnama
CBH Engineering Wins RM172 Mln Data Centre Substation Contract
KUALA LUMPUR, July 17 (Bernama) -- CBH Engineering Holding Bhd's wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a contract to design and build an electrical supply system for a 275 kilovolt (kV)/13.8kV consumer substation for RM172 million. 'The board is unable to disclose the identity of the employer as the employer is not agreeable to provide consent for disclosure to this announcement,' CBH said in a filing to Bursa Malaysia today. 'Upon the formal appointment of the general contractor by the employer (general contractor), CBH Engineering's rights, obligations, liabilities, and responsibilities under the contract shall be novated and/or transferred to the general contractor, with terms and/or amendments to be made to the contract,' it added.
New Straits Times
5 days ago
- Business
- New Straits Times
CBH Engineering wins RM172mil data centre substation job in Selangor
KUALA LUMPUR: CBH Engineering Holding Bhd has bagged a RM172 million contract to build a consumer substation's electrical supply system for a proposed data centre in Selangor. In a filing with Bursa Malaysia, the company said its unit CBH Engineering Sdn Bhd secured the contract from an unnamed client. The project will span 14 months, commencing on July 11 and scheduled for completion by Sept 10, 2026. "The scope of works comprises supplying, erecting, installing, testing and commissioning all substation equipment and associated civil works for the electrical supply system," CBH Engineering said. CBH Engineering provides mechanical and engineering services, including maintenance of electrical systems across various voltage levels, as well as mechanical systems such as air conditioning, fire protection and plumbing.
The Star
5 days ago
- Business
- The Star
CBH Engineering's subsidiary hired for RM172mil data centre job
KUALA LUMPUR: A wholly-owned subsidiary of CBH Engineering Holding Bhd has secured a contract for the deisgn and build of an electrical supply system for a 275kV/13.8kV consumer substation (CS) for a proposed data centre in Selangor. In a filing with the stock exchange, the group said CBH Engineering Sdn Bhd had secured the RM172mil contract from an unnamed employer, which did not provide consent for disclosure to this announcement. The job comprises the supply, erect, install, testing and commissioning of all substation equipment and associated civil works for the electrical supply system for the CS. The contract is effective for 14 months from the date of commencement, July 11, 2025, until the estimated completion date of Sept 10, 2026.
