Seremban Engineering secures RM18.21 million cross-border supply chain services contract

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Seremban Engineering secures cross-border contract

Highlights

Seremban Engineering, through MIE Material Resources Sdn Bhd, secures an RM18.21 million cross-border supply chain services contract from EPG Engineering System Sdn Bhd.
The contract covers cross-border transportation, customs clearance and delivery of goods from China to Malaysia for data center and AI infrastructure projects, and runs from 6 Nov 2026 to 5 Nov 2027.
The RM18.21 million contract is significant relative to Seremban Engineering’s RM56 million market capitalization, improving operational visibility for the next 12 months while its share price remained unchanged at 70 sen last Friday.

This article was translated from the original. Read the original version by our correspondent here.

Contract details and implementation period

As reported by The Edge Malaysia, Seremban Engineering’s wholly owned unit, MIE Material Resources Sdn Bhd, has entered into a cross-border supply chain services framework agreement with EPG Engineering System Sdn Bhd. The company said in a Bursa Malaysia filing that the contract is worth up to RMB30 million, equivalent to RM18.21 million.

Under the agreement, MIE Material Resources will provide cross-border transportation from China to Malaysia, export and import customs clearance, and local delivery of materials, equipment and other goods from China for EPG Engineering System’s projects and operations in Malaysia.

The contract runs from 6 Nov 2026 to 5 Nov 2027. Seremban Engineering said EPG Engineering System is a wholly owned subsidiary of a new Singapore-based customer involved in engineering and technical consultancy, with a focus on data centers and AI infrastructure.

Business and market implications

The contract win strengthens Seremban Engineering’s position in the supply chain supporting the growth of data centers and AI in Malaysia, although the group’s core business is manufacturing process equipment and metal structures. The move also highlights additional revenue opportunities from logistics and supply coordination services for digital infrastructure projects.

At Friday’s close, Seremban Engineering shares were unchanged at 70 sen, giving the group a market capitalization of RM56 million. The contract is material relative to its market capitalization and improves visibility into its operations over the next 12 months.

In our previous coverage of approvals for 27 data center projects under the data center task force through July 2026, we outlined the scale of investment at RM225.97 billion and the concentration of projects in Johor, Selangor and Negeri Sembilan. We also highlighted the impact on the skilled labor market, the minimum local content requirement of 30% and regular monitoring of project implementation—context that helps explain why demand for support services such as cross-border logistics is growing.

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