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continue sleeping without new contracts. current orderbook will last until q3 next year based on the announcement of major mep contracts completion timeline. q4 next year theoretically will be left with maintenance contracts only if no new mep contracts.
subsequent DC projects / contracts will most likely be coming from Johor. Saw the numbers reported in Bloomberg yesterday - Johor has approved 51 data centre projects as at November, with a total investment value of RM182.96 billion (S$57.7 billion), Mr Jafni was cited as saying. Of these, 17 are already operating, 11 are under construction and 23 were approved in 2025.
and HLIB quoted that there is a trend of splitting mechanical, electrical, and plumbing (MEP) packages from shell contracts. What it meant here MEP packages will be split out and awarded separately instead of bundled together as one main contract which typically is being awarded to construction company. This trend will be beneficial for MEP contractors like CHB :)
unlikely to stop due to oversupply as its coming from different operators but a reconsideration for new requests is possible due to power and water demand from these dc are high. those previously approved will most likely proceed accordingly unless it is rerouted to other states and if the operators are willing to.
after all, tier 1 and tier 2 dcs are typically from colo providers. hyperscaler (big boys) typically building tier 3 and tier 4 dcs which are more efficient as these tiers have higher uptime and redundancy :)
unlikely Sabah and Sarawak, Chloe. DC providers typically look at power and water and region they operate for BCP. Sabah and Sarawak having challenges with power and water.
congrats guys. the first 40mil conversion from the 800mil tenderbook; 70:30 split between dc and semicond. no wonder chart makers in actions yesterday :)
agreed, 臥㡣. There is another DC main con epcc contract issued out by Privasia early Dec to Inspur Comm Malaysia Sdn Bhd. Lets see whether the MEP portion of the 10MW DC will be subcon out to MEP contractors like CHB. Its located in Perak. Not putting much hope on this as no idea how Privasia is going to fund the RM569mil DC :)
volatility driven by liquidity; jumping up and down by several bids. cannot imagine those holding big lots on hands will need a long time to sell without causing too much drop.
GIBO Holdings, which describes itself as an Asia-based AI-generated animation platform, has announced a strategic initiative to develop Malaysia's first phase of a high-performance AI data centre, beginning with a 30MW deployment featuring a 14,000-GPU supercomputing cluster.
Purpose-built for industrial-scale AI development and deployment, the facility will support large language model (LLM) training, small and mid-sized model development, and large-scale inference workloads for both commercial and public-sector use cases. This development, says GIBO, represents a major step forward in strengthening Malaysia's digital infrastructure capabilities and accelerating its emergence as a major AI compute hub within the Asia-Pacific region. The planned 14,000-GPU cluster will be designed to deliver high-density computing optimised for deep learning, multimodal AI systems, simulation workloads, and next-generation AI applications.
Once operational, GIBO says, the facility is expected to become one of the most advanced compute environments in Malaysia. It’s also part of GIBO's long-term roadmap to scale its AI infrastructure strategy from the initial 30MW to a 100MW multi-zone AI compute campus, and subsequently to a 200MW regional flagship facility.
The broader vision includes establishing a multi-location interconnected network of AI-focused data centres spanning key regions across Malaysia. The network is intended to serve as a unified compute backbone connecting Malaysia to Singapore, Indonesia, Thailand, Japan, Korea and Greater China, creating what GIBO describes as an ‘ASEAN-to-North Asia AI compute highway’. The data centre announced in recent days will incorporate next-generation liquid or immersion cooling methodologies designed to maximise energy efficiency and operational resilience in tropical conditions. The infrastructure will support full-spectrum model training, including trillion-parameter architectures, while reducing compute costs for enterprises and accelerating adoption of AI systems across commercial and industrial sectors.
Dedicated digital pipelines will be integrated for sector-specific applications, enabling the rapid development and deployment of specialised AI systems tailored to real-world use cases. GIBO says it expects that the project will attract global AI companies, ecosystem partners, and next-generation technology ventures to the country. This is the second time in recent weeks that the company’s ambitious aims for Asia have made headlines. In early December GIBO announced the signing of a core partnership agreement with Ricloud AI, a global AI cloud infrastructure provider and one of 79 official Nvidia Cloud Partners worldwide
This alliance, says the company, positions GIBO to enter the high-growth data centre and AI cloud markets, unlocking vast opportunities in Southeast Asia through strategic partnership and exclusive regional priority rights with Ricloud. The Data Centre Dynamics website says GIBO, which launched in 2023, offers an AIGC (AI-generated content) animation streaming platform for viewers and creators. The company has said its data centres will help support the growing demand for compute power, and aims to help bring intelligent systems to various industries, in both the commercial and public sectors. GIBO also has a digital payment platform.
Aiyo...CHB's boss....let small fish like us to earn for coffee la, why "wash" us so terribly, v r here handinhand to boost the volumn lliqutity maaa, ai....
we briefly spoke about the trends of MEP package being split out from the dc shell package few weeks ago :) following is the announcement from Suncon at the end of last week and the MEP contract has yet to be awarded :) - https://www.klsescreener.com/v2/announcements/view/10815263
extracted the details from Suncon's LOA and note 2(b) which is about the MEP package - The Board of Directors of SunCon is pleased to announce that Sunway Construction Sdn Bhd (“SCSB”), a wholly-owned subsidiary of the Company, has on 18 December 2025 accepted a Letter of Award (“Letter of Award”) from a multinational technology corporation headquartered in the United States in respect of the core and shell package works (“Works”) for the development of a Data Centre on a site located in Johor, Malaysia (“Project”).
2. SALIENT TERMS OF THE LETTER OF AWARD
The salient terms of the Letter of Award, are inter alia as follows:
(a) The price for the Works is approximately RM0.57 billion (inclusive of Sales & Service Tax).
(b) The multinational technology corporation has the option and the right (but not the obligation) to award the mechanical and engineering fit-out works package for the Project to SCSB subject to finalization and execution of the contract for the Project.
(c) The Letter of Award also serves as a notice to commence the Works which is targeted
to be completed by Q4 2026.
not sure but the possibility of securing more contracts from the 800mil tender that CHB submitted is high given the trends of separate MEP package from the core & shell package; coupled with CHB's experience with US MNC projects