Mitrajaya Bags New Data Centre Project From NEXTDC

Mitrajaya Holdings Bhd has secured an additional data centre-related construction contract in Kuala Lumpur from NEXTDC Sdn Bhd, the Malaysian unit of Australia-listed NEXTDC Ltd, valued at RM54 million.

In a filing with Bursa Malaysia, the group said the contract involves early works for the “KL1 Stage 4 Data Centre ST4-GC01” project. The contract was accepted on March 2 and is scheduled for completion by October 2026.

This latest award builds on Mitrajaya’s existing involvement in the KL1 data centre development. The group had previously secured the main works contract for the project in January 2025. Following several variation orders, including the latest in January 2026, the total contract value has since increased to RM844.66 million.

NEXTDC first announced its plans for the KL1 data centre project in 2023, with an estimated investment of around RM3 billion in Malaysia over a period of five to 20 years. The project forms part of the company’s broader expansion into the region to meet growing demand for digital infrastructure and cloud services.

Mitrajaya said the latest contract is expected to contribute positively to its earnings over the project period, while strengthening its position in the fast-growing data centre construction segment.

On the market front, shares in Mitrajaya closed unchanged at 55 sen on Monday, giving the group a market capitalisation of RM404.88 million.

Share this post :

Facebook
Twitter
LinkedIn
Scroll to Top

Subscribe
FREE Newsletter