PETALING JAYA: Seremban Engineering Bhd

's (SEB) wholly-owned subsidiary MIE Material Resources Sdn Bhd (MMR) has entered into a cross-border supply chain services contract worth RMB30mil (RM18.21mil) with EPG Engineering System Sdn Bhd (EPGES).

In a filing with Bursa Malaysia, SEB noted EPGES is a wholly-owned Malaysian subsidiary of a Singapore-based engineering and technical consulting firm operating in the data centre and AI infrastructure sector.

The contract, which commenced on Nov 6, 2026, is expected to run till Nov 5, 2027.

Under the agreement, MMR will supply materials, equipment and other goods from China for EPGES'  projects and operations in Malaysia.

It will also provide related services, including cross-border transportation, export and import customs clearance, as well as local delivery in Malaysia.

The contract will be funded through internally generated funds and/or external borrowings.

Revenue from the contract will be recognised progressively upon delivery of the materials to locations designated by EPGES in Malaysia.