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Teco Electric to Buy Malaysia's Dynaciate Engineering for MYR200 Million

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Teco Electric and Machinery (TPE:1504) is set to acquire Malaysian engineering firm Dynaciate Engineering for about 200 million ringgit.

The deal is expected to close in August, according to a Tuesday press release.

Following completion, TECO will obtain a controlling stake in Dynaciate and expects to begin recognizing related revenue and profit contributions in the second half of 2026.

The Taiwan-based company said the acquisition supports its strategy to expand as an AI data centre solutions provider, particularly in modular data center engineering and infrastructure services across Southeast Asia.

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