CSE Global has secured contract variations in the data centre market in the US worth US$46 mil, or about $59.3 million. This is an extension to a current contract with an existing hyperscaler customer, the group says.
The scope is for the design, engineering, fabrication, installation and integration of power management systems and solutions.
CEO of CSE Global Lim Boon Kheng says these contract variations are expected to contribute positively to CSE Global’s financial performance for the financial years 2025 and 2026.
Shares in CSE Global closed 0.5 cents higher or 0.752% up at 67 cents on Aug 5.