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SKS Technologies awarded A$38 mln contract for Melbourne data centre

Shares of Australian electrical technologies firm SKS Technologies rose as much as 5% to A$11.5 after it was awarded an additional A$38 million contract for the next stage of the MEL2 data centre project in Melbourne.

SKS.AX

5, their biggest intraday percentage gain since Sept. 30, and were on course for a third straight session of gains if the move held. 47 million) contract for the next stage of the MEL2 data centre project in Melbourne. The stock was up more than 173% year to date, including the day's gains.

4355 Australian dollars)