Sunway Construction just secured a RM1 billion contract from a US-based tech company to build a data centre in Johor.
Sunway Construction just secured a RM1 billion contract from a US-based tech company to build a data centre in Johor. It's their second deal with this same client — they were previously awarded RM570 million from them back in December. Their order book (confirmed future work) is now at RM10.4 billion, the highest it's ever been. RHB raised their target price from RM8.33 to RM9.51, citing stronger job wins tied to data centre demand. 📌 Source: RHB Investment Bank, "YTL Power," 4 Aug 2026 ⚠️ Not financial advice. For informational purposes only — do your own research.
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