Jati Tinggi Group Bhd has clinched two new contracts totaling RM36.36 million for underground cable installations.

The first contract, valued at RM6.59 million, involves installing 132kV cables for a data center in Bukit Jalil and includes comprehensive work from installation to testing.

The second, worth RM29.77 million, entails laying 33kV aluminium cross-linked polyethylene cables in southern Peninsular Malaysia.

Jati Tinggi’s shares closed unchanged at 45 sen today, giving the company a market value of RM176 million. –TMR