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Due to the war in Iran, data centre investments in the Middle East may shift to Malaysia, which is viewed as a safe haven for such facilities. Southern Cable Group Berhad (SCGBHD), MN Holdings Berhad (MNHLDG) and Ranhill Utilities Berhad (RANHILL) are among the key beneficiaries of this potential relocation.
Fantastic quarter result. Some highlights as below:
Compare to last quarter
-Long term borrowing reduced from 17,816,000 to 13,653,000.
-Short term borrowing reduced from 248,035,000 to 222,004,000.
-Cash increased from 129,229,000 to 248,997,000.
-If not because of higher income tax this quarter, net profit will be higher.
-One off private placement expenses 2.75 mils in this quarter else net profit will be higher this quarter.
-Positive outlook for FY2026.