Financial Wire

MN Unit Bags MYR276 Million Data Center Infrastructure Project; Shares Rise 5%

-- MN (KLSE:MNHLDG) unit MN Utilities Engineering has accepted a purchase order worth 275.9 million ringgit for a data center infrastructure project in Malaysia, according to a Friday's Malaysian bourse filing.

Shares gained over 5% in Monday's midday trade.

The contract was awarded by a company providing hosting and data processing services. It covers the design, supply, installation, testing, and commissioning of a 275 kilovolt consumer landing station.

The project is expected to be completed by June 30, 2027, with final scope to be divided into two phases, the filing said.

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