Brief: Sks Technologies Group Says Major Data Centre Project And Increase In CBA Facilities

SKS Technologies

22/11/2023 01:19

Nov 22 (Reuters) - SKS Technologies Group Ltd  SKS.AX :
    * MAJOR DATA CENTRE PROJECT AND INCREASE IN CBA FACILITIES
    * RECEIVED WRITTEN CONFIRMATION OF INTENT TO BE ENGAGED FOR
A
MAJOR CONTRACT
    * PROJECT IS DUE FOR COMPLETION BY DECEMBER 2024
    * EXPECTED CONTRACT VALUE TO EXCEED A$30 MILLION
    * CONTRACT TO SUPPLY AND INSTALL ELECTRICAL SYSTEMS FOR AN
INTERNATIONAL HYPERSCALE DATA CENTRE OPERATOR
    * SECURED AN INCREASE IN BANK FINANCING FACILITIES THAT WAS
APPROVED BY COMMONWEALTH BANK A YEAR AGO, TO A TOTAL OF A$12
MILLION

Source text for Eikon:  ID:nASX6t9WRx 
Further company coverage:  SKS.AX 

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