Kerjaya Prospek: Secures RM53m M&E Contract for Data Centre

Kerjaya Prospek Group (KPGB), through its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd, has accepted a letter of award for a subcontract worth RM52.5m.

The contract involves civil, structural, and basic low-voltage mechanical and electrical (M&E) works for a new 275kV consumer landing station serving a data centre (DC) in the Klang Valley. The project already commenced on 23 July 2026 and is scheduled for completion by 9 January 2027.

Kerjaya Prospek

This job win brings KPGB’s year-to-date contract wins to RM2.2bn and its total outstanding order book to RM4.8bn, further expanding its client base and reinforcing its reputation as a preferred construction partner for high-growth segments such as data centres and industrial developments.

“That said, we keep our forecast unchanged as this forms up part of the order book replenishment assumption of RM2.5bn for FY26. We maintain our Outperform call on KPGB with an unchanged TP of RM3.30, based on 14x FY27F EPS,” says PIB.

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