CBH Engineering Holding Bhd is well positioned to benefit from sustained growth in Malaysia’s data centre ecosystem, supported by a strong pipeline of data centre–related jobs and favourable sector tailwinds, according to Public Investment Bank Bhd (PublicInvest).
The firm said demand momentum is being underpinned by major hyperscalers such as Google and Microsoft, which have made significant land acquisitions across key Malaysian states, signalling their long-term commitment to Malaysia’s data centre industry.
This, it added, will be complemented by public-sector investments, including the rollout of a sovereign artificial intelligence (AI) cloud and national AI research centres.
“CBH is strategically positioned to benefit from these initiatives. Additionally, Sabah and Sarawak are set to receive the largest federal development allocations in 2026 of RM6.9 billion and RM6 billion, respectively.
“To capture these opportunities, CBH is actively engaging local partners to strengthen its market position,” PublicInvest said.
The research house reiterated its “Outperform” call on CBH with an unchanged target price of 62 sen.
