CBH Engineering Secures RM172 Million Contract For Data Centre Substation
CBH Engineering Holding Berhad has announced that its wholly-owned subsidiary, has accepted a Letter of Award valued at approximately RM172 million. The contract is for the design and build of an electrical supply system for a 275kV/13.8kV consumer substation intended for a proposed data center located in Selangor Darul Ehsan.
The award was granted by an undisclosed Malaysian entity, referred to as “Company A,” which is principally involved in holding company activities. CBHB stated it was unable to disclose the identity of the Employer due to a lack of consent.
The company’s, whose core business includes electrical wiring contracting and the supply of electrical items, will be responsible for the comprehensive scope of works. This includes the design, supply, installation, testing, and commissioning of the electrical supply system for the consumer substation. The scope specifically encompasses all substation equipment and associated civil works required for the electrical supply system.
The contract period is set for 14 months, commencing on July 11, 2025, with an estimated completion date of September 10, 2026.
CBHB also noted a nominated subcontract clause within the agreement. Upon the formal appointment of a general contractor by the Employer, CBH Engineering’s rights, obligations, liabilities, and responsibilities under the contract will be novated or transferred to the general contractor. Once this novation occurs, the general contractor will assume all roles as if they were an original party, fully discharging the Employer from their obligations.
From a financial perspective, the contract is not expected to have any immediate effect on CBHB’s issued share capital or the shareholdings of its substantial shareholders. However, the company anticipates that the project will contribute positively to its future earnings, earnings per share, net assets, and gearing throughout the duration of the contract.
