KUALA LUMPUR: iCents Group Holdings Bhd’s subsidiary, VC Engineering Sdn Bhd, has received two letters of award to undertake subcontract works for two data centres worth RM20.26 million.
In a filing with Bursa Malaysia, the company said each contract is valued at RM10.13 million, with completion expected by Aug 20.
The projects are expected to contribute positively to the company’s net assets and earnings per share for the financial year ending June 30, 2026 onwards.
iCents’ share price closed one sen or 2.17 per cent lower at 45 sen, giving the company a market capitalisation of RM225 million.
© New Straits Times Press (M) Bhd