corporate

Powerwell bags job from leading international contractor

KUALA LUMPUR: Powerwell Holdings Berhad's subsidiary Kejuruteraan Powerwell Sdn Bhd secured a RM14.75 million contract from a leading international contractor to supply electrical low-voltage boards for a data centre in Malaysia.

The project is expected to be completed by the third quarter this year, contributing positively to Powerwell's consolidated earnings and net assets for the financial year ending March 31, 2025.

Executive director Catherine Wong said the contract is a testament to Powerwell's commitment to excellence and its strategic focus on high-value sectors.

"The data centre market in Malaysia is set for significant growth, and we are proud to be at the forefront of this transformation."

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