en.Wedoany.com Reported - Malaysian vertically integrated construction company Sunway Construction Group (SunCon) recently announced that it has received and accepted two change orders involving the construction and completion of substations for two data center projects in Johor. These change orders increase the total project value by RM664.4 million (USD 160.7 million) to RM865.6 million (USD 209.3 million). The project is commissioned by an unnamed U.S.-based multinational technology company.

In a filing with Bursa Malaysia, Sunway Construction Group stated that the current total contract value includes withholding tax, sales and service tax, and other applicable taxes. If everything proceeds as planned, one of the projects is scheduled for completion in the fourth quarter of 2027, while the other is slated for completion in the second quarter of 2028.

The company stated that the project will not affect its share capital or the shareholdings of its major shareholders, and no new shares will be issued. However, these projects are expected to have a positive impact on its earnings for the fiscal year ending December 31, 2026.

To date, Sunway Construction Group has secured new orders worth RM4.2 billion in the current fiscal year, with the group's total outstanding order book reaching RM8.8 billion, exceeding the entire order value for fiscal year 2025. The company is capitalizing on the data center construction boom, having secured RM2.9 billion in high-growth data center projects last year. This latest announcement indicates that the data center business remains a key focus area for the company.

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