MyDCD records RM25.71 million profit ahead of ACE Market listing
The engineering firm had RM1.32 billion in outstanding orders at end-September, mainly involving data centre systems integration.
MyDCD Bhd’s bourse filing showed net profit of RM25.71 million and revenue of RM178.68 million for 1QFY2027, which ended Sept 30, 2026. The engineering company is scheduled to join Bursa Malaysia’s ACE Market on Nov 17.
Data centre systems integration generated 96.85% of quarterly revenue, while maintenance services and parts made up the rest. The integration work covers mechanical, electrical, plumbing and fire protection (MEPF) systems, including subsystems. Its net profit margin was 14.4%.
Outstanding orders totalled RM1.32 billion at end-September. MyDCD said the data centre MEPF integration portion amounted to RM1.27 billion, with recognition expected progressively through FY2028, ending June 30, 2028. Another RM53.08 million related to maintenance services and parts, with progressive recognition expected through FY2032.
The initial public offering (IPO) price of 56 sen per share puts MyDCD’s valuation at RM1 billion. That implies a price-to-earnings multiple of 15 times against FY2026 earnings per share of 3.72 sen.
The IPO includes 335 million newly issued shares, raising RM187.6 million for MyDCD. An offer for sale covering 145 million existing shares is expected to bring RM81.2 million to the selling shareholders and senior management.
TA Securities Holdings Sdn Bhd is advising on the IPO as principal adviser and sponsor, while also handling underwriting and placement.
