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Jati Tinggi Unit Bags MYR86 Million Data Center Construction Deal; Shares Rise 4%

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Jati Tinggi (KLSE:JTGROUP) unit Jati Tinggi Holding secured a deal worth 86 million ringgit to design and build a 275-kilovolt overhead transmission line and related infrastructure for a data center at Klang Valley Technology Park in Selangor, Malaysia, according to a Monday Malaysian bourse filing.

Shares gained nearly 4% in Tuesday's midday trade.

The project includes civil and structural works, conductor installation, substation systems, equipment supply, system integration, testing and commissioning.

The contract runs until Sept. 30, it said.

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