PETALING JAYA: MN Holdings Bhd, an infrastructure utility construction and engineering solutions specialist, via wholly owned subsidiary MN Utilities Engineering Sdn Bhd, has accepted four letters of appointment with a total contract value of RM122.7 million to supply and install substation equipment for data centre projects in Peninsular Malaysia.
The contracts were awarded by a customer principally engaged in the construction of engineering projects and recognised as an industry-leading consultant in the planning, design and construction of information technology facilities, with its headquarters in the United States. The identity of the customer is not disclosed due to confidentiality obligations under a non-disclosure agreement.
Under the contracts, MN Utilities Engineering will undertake the supply, delivery, installation and commissioning of power transformers, together with other related equipment and systems for multiple data centres. The projects commence this month with completion expected by June 2027.
Managing director Datuk Clement Toh said, “These contracts reflect continued demand for reliable and high-capacity power infrastructure to support data centre developments. The awards further strengthen our order book and reinforce MN Holdings’ position in the data centre segment, where power reliability and execution capability are critical.
“With our experience in substation engineering and power systems, we are well-positioned to support the growing requirements of data centre operators across Malaysia. We remain focused on disciplined execution while delivering quality and timely outcomes for our clients.”
With the inclusion of these contracts, the group’s order book stands at about RM918.1 million, providing earnings visibility over the project period. The contracts are expected to contribute positively to the group’s earnings upon commencement of the projects.
