Aneka Jaringan Holdings Berhad Secures Major Contract for Data Centre Piling Works

In a significant development for Aneka Jaringan Holdings Berhad, the company has secured a RM72.3 million contract to undertake piling works for a proposed data centre development at Eco Business Park V in Ijok, Selangor. This contract, awarded by Quantum Alpha Sdn Bhd, a subsidiary of Eco World Development Group Bhd, marks a pivotal expansion for Aneka Jaringan, traditionally known for its expertise in textiles and garments.

The contract involves comprehensive piling works, including bored piling—a method essential for creating deep foundations for buildings and structures. This project is part of a larger development that includes not only the data centre but also office buildings and other critical infrastructure. The works are set to commence on July 28, 2025, with an anticipated completion date of December 27, 2025.

This contract is expected to have a positive impact on Aneka Jaringan’s financial performance, contributing to its consolidated earnings and net assets for the financial years ending August 31, 2025, and 2026. The company’s share capital and shareholding structure will remain unaffected by this new contract.

Aneka Jaringan Holdings Berhad, listed on Bursa Malaysia, has demonstrated its ability to diversify its operations beyond its traditional sectors. With a market capitalization of 97,230,000 MYR and a price-to-earnings ratio of 20.4, the company is poised to leverage this new contract to enhance its financial standing.

The successful acquisition of this contract underscores Aneka Jaringan’s commitment to maintaining high standards of corporate governance and transparent bidding practices, as highlighted by the company’s managing director, Mr. Peng Zhe Hui. This strategic move not only strengthens Aneka Jaringan’s position in the construction sector but also reflects its adaptability and forward-thinking approach in a competitive market.

As Aneka Jaringan continues to expand its portfolio, stakeholders and investors will be keenly watching its progress in this new venture, anticipating further growth and profitability in the coming years.