Powerwell Holdings Bhd has received a purchase order (PO) valued at RM68.47 million for works related to a data centre project in Selangor, strengthening its order book and earnings visibility.
In a filing with Bursa Malaysia, the electricity distribution products manufacturer said the PO was awarded by one of the leading multinational technology corporations specialising in data centre developments. The identity of the customer was not disclosed.
Under the terms of the PO, Powerwell will be responsible for the design, procurement, delivery, testing and commissioning of low-voltage switchgear systems for the data centre. These systems are a critical component of data centre infrastructure, supporting stable and reliable power distribution.
The group said the PO is expected to be completed by the second quarter of calendar year 2026.
The contract is anticipated to contribute positively to Powerwell’s consolidated earnings and net assets over the period from the financial year ending March 31, 2026 (FY26) through FY27.
Powerwell added that it does not foresee any exceptional risks arising from the project, apart from the usual operational risks associated with contracts of this nature.
The award underscores Powerwell’s continued participation in Malaysia’s growing data centre sector, driven by rising demand for digital infrastructure and cloud services.
