CSE Global Tumbles 3.49%; US Subsidiary Wins $20 Mil Orders For Communication Services For Data Centre Hyperscalers

Edge
04-25

CSE Global Limited's wholly-owned subsidiary CSE Crosscom USA has secured orders worth US$15 million or $20.1 million to deliver critical communication services to major data centre hyperscaler.

The scope of work includes the engineering design, installation, and ongoing maintenance of
advanced communications networks, and is slated for execution from 2025 to 2028.

This involves the installation of mission-critical two-way radio systems and distributed antenna systems across a range of environments, including new builds, existing data centres, and office
facilities operated by the hyperscaler throughout the Americas, Asia-Pacific, and Europe.

These contracts are not expected to have any material impact on the consolidated net tangible
assets per share or earnings per share of the group for the current financial year.

Shares in CSE Global closed flat at 43 cents on Apr 24.

CSE Global tumbles 3.49% at 11:09 am, Apr 25th.

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