3 stories mentioning KLSE:ICENTSUpdated 2h ago
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ICENT (KLSE:ICENTS) unit, VC Engineering, signed a supplier deal worth 7 million ringgit with an Indonesia-based construction company to provide data center products, according to a Bursa Malaysia filing.The contract will run until completion of the project, the company said.ICENTS said the agreement is not expected to have a material impact on the company's earnings.
Malaysian shares reversed yesterday's gains on Wednesday to end in the red as the country's rubber production dropped in March. The index bucked broader regional gains today.The FTSE Bursa Malaysia KLCI shed 4.25 points to end 0.2% lower at 1,746.31. The day range was between 1,742.41 and 1,752.64.In economic news, Malaysia's natural rubber production fell 8.2% in March to 21,310 tonnes from 22,124 tonnes in February, the country's statistics department said. Annually, production dropped 29.3% from 28,739 tonnes, data showed.Moreover, the value of work done in Malaysia's construction sector expanded 8.5% year-on-year in the first quarter, easing from 10.3% in the previous quarter, the DoSM data showed. The expansion was supported by broad-based activity across key segments.In corporate news, shares of iCents Group (KLSE:ICENTS) jumped over 10% on today's close after its unit VC Engineering secured a 34.5 million ringgit subcontract linked to a data center project.Shares of Carimin Petroleum (KLSE:CARIMIN) slid over 1% on close after it proposed to fully privatize offshore marine support provider Sealink International (KLSE:SEALINK) in a cash deal valued at 165 million ringgit.
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.
