Southern Cable Secures RM403.6 Mln Supplementary Contract From TNB
KUALA LUMPUR, July 2 (Bernama) -- Southern Cable Group Bhd's wholly-owned unit, Southern Cable Sdn Bhd has secured a RM403.6 million supplementary contract from Tenaga Nasional Bhd (TNB).
The cable and wire manufacturer said the contract entails the supply of underground power cables and conductors to TNB’s distribution network division.
"The agreement reflects TNB’s exercise of an add-on option under the original contract awarded in February 2025.
"The new order supplements the original contract value and ensures continued supply over an additional one-year term from August 2026 until August 2027," it said in a statement today.
Southern Cable said with the latest contract, the group's total orders in hand have exceeded RM1 billion, providing clear earnings visibility until 2027.
-- BERNAMA