iCents Wins Indonesia Data Centre Deal
iCents Group Holdings Berhad has secured a RM6.95 million contract to supply and deliver data centre products for a project in Indonesia, strengthening its presence in Southeast Asia’s growing digital infrastructure sector.
The contract was awarded to the group’s wholly owned subsidiary, VC Engineering Sdn Bhd, by an Indonesia-based construction company and took effect on 17 June 2026.
“This contract represents another important milestone in strengthening our presence within Southeast Asia’s fast-growing data centre industry. Indonesia is one of the region’s most promising digital infrastructure markets, and this award reflects our growing capabilities in delivering specialised products and solutions for mission-critical facilities,” said managing director Vincent Ong Mum Fei.
The company said the contract is expected to contribute positively to earnings from the financial year ending 30 June 2026 onwards.
The latest award follows iCents’ recent expansion in the regional data centre market, including a strategic collaboration in China for cooling solutions and a RM15 million investment in a new cleanroom manufacturing facility in Negeri Sembilan.
Top Glove Profit Jumps 64 Per Cent
Top Glove Corporation reported a 64 per cent increase in profit after tax to RM151 million for the first nine months of FY2026, driven by higher sales volumes, improved cost efficiencies and stable raw material management.
Revenue for the period rose 15 per cent year-on-year to RM3 billion, while sales volume increased 34 per cent. For the third quarter ended 31 May 2026, the glove manufacturer recorded revenue of RM1.1 billion and profit after tax of RM81 million.
The company said its performance was supported by uninterrupted glove production despite recent nitrile latex supply disruptions, aided by proactive sourcing efforts, diversified suppliers and timely pricing adjustments.
During the quarter, Top Glove also announced board changes, including the appointment of Liew Way Keng as an Independent Non-Executive Director, while maintaining female representation of 44 per cent on its board.
The company was also recognised on the S&P Dow Jones Best in Class Index for the seventh consecutive year and retained its place on Fortune’s Southeast Asia 500 list for a third straight year.
AIZO Secures Solar Project Funding
AIZO Group Berhad has secured Islamic financing facilities of up to RM346.2 million from Bank Pembangunan Malaysia Berhad to support the development of a large-scale solar photovoltaic plant in Kampar, Perak.
The financing package comprises a Tawarruq Asset Financing facility of up to RM256 million and bank guarantee facilities totalling approximately RM90.2 million. The funding will be used to support project construction, execution and contractual obligations under a power purchase agreement with Tenaga Nasional Berhad.
“The securing of these financing facilities from Bank Pembangunan Malaysia represents a key milestone in advancing our renewable energy initiatives. The Kampar LSSPV project is a strategic asset that will contribute to AIZO’s long-term growth, while supporting Malaysia’s transition towards sustainable energy,” said executive chairman Dato Abang Abdillah Izzarim.
The company said the project forms part of its diversification strategy into renewable energy and is expected to provide stable long-term income once operational.
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