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iCents Group Unit Bags MYR35 Million Data Center Project; Shares Rally 8%

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iCents Group (KLSE:ICENTS) unit VC Engineering secured a 34.5 million ringgit subcontract linked to a data center project, according to a Tuesday Malaysian bourse filing.

Shares jumped about 8% in Wednesday's midday trade.

The contract was awarded by a local construction company and covers the supply, installation, testing, commissioning, and maintenance of air-conditioning and mechanical ventilation systems for the project.

The subcontract is expected to be completed by Feb. 15, 2027, the engineering, procurement, construction, and testing and commissioning services provider said.

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