Boustead Secures SG$90 Million Data Center Project in Malaysia

MT Newswires

2024-11-22

Boustead Singapore (SGX:F9D) has won a SG$90 million contract for a data center project in Malaysia, according to a Thursday filing on the Singapore Exchange.

The project, led by its subsidiary Boustead Projects, includes the construction of a four-story data center and substation, with completion expected by FY26. This marks Boustead Projects' first data center project in Malaysia.

The contract boosts Boustead's Real Estate Solutions Division backlog to SG$141 million and the group's engineering order backlog to SG$248 million.

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