Powerwell accepts RM16.6mil switchboard orders for hyperscale data centre project
In a filing with Bursa Malaysia today, the electrical products manufacturer said its wholly-owned subsidiary, Kejuruteraan Powerwell Sdn Bhd, received the POs from RYBE Engineering (M) Sdn Bhd, Protech Builders Sdn Bhd, and LFE Engineering Sdn Bhd.
Powerwell said the POs, accepted between April and July this year, are expected to be fulfilled by the first quarter of 2026.
"The POs are expected to contribute positively to Powerwell's consolidated earnings and net assets for the financial year ending March 31, 2026," it said.
Powerwell added that it does not foresee any exceptional risks apart from normal operational risks associated with POs and will take steps to mitigate these risks.
In a separate statement, Powerwell managing director Catherine Wong Yoke Yen said the orders reflected the group's technical capability in delivering data centre projects.
"We are delighted to have secured these orders, which reflect our strong technical expertise and proven track record, having completed numerous data centre projects for multinational corporations," she said.
Wong added that the company's outstanding order book as of end-March 2025 was about RM116 million, excluding the latest POs.
-- BERNAMA
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