Group to only proceed with project once confirmed customer is on board, says managing director

Acquisition latest in series of Big Tech, Silicon Valley startup big-ticket deals fuelled by AI boom

The fund has added hybrid capital and private credit to help Indonesian companies expand overseas and draw technical expertise to the country

Trump’s tariffs, power grid capacity and water issues all work against China's chip access

KUALA LUMPUR, July 23 — From 2021 to March 31, 2025, Malaysia recorded 25 approved investment projects in the data centre sector, with a total investment value of RM144.4 billion.

KUALA LUMPUR, July 23 — From 2021 to March 31, 2025, Malaysia recorded 25 approved investment projects in the data centre sector, with a total investment value of RM144.4 billion.

KUALA LUMPUR, July 22 — The data centre framework to be developed by the Digital Ministry through the Data Centre Task Force (DCTF) will ensure data centre development policy and implementation are holistically coordinated.

KUALA LUMPUR, July 19 — The project manager of a leading construction company, who was arrested by the Malaysian Anti-Corruption Commission (MACC) over alleged corruption involving a data centre construction project tender, was reportedly willing to burn nearly RM1 million in cash to destroy evidence.

KUALA LUMPUR, July 17 — Maybank Investment Bank Bhd (Maybank IB) has estimated RM10 billion worth of data centre (DC) jobs to be awarded soon, despite the United States potentially restricting artificial intelligence (AI) chip shipments to Malaysia.

KUALA LUMPUR, March 24 — Malaysia plans to strengthen its regulations on the semiconductor sector in response to United States pressure to curb the illicit flow of advanced artificial intelligence (AI) chips to China, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Feb 19 — Malaysia is expected to face challenges in the development of artificial intelligence (AI) data centres due to the recent restrictions by the United States on AI chip exports, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

KUALA LUMPUR, Feb 17 —The government is committed to gradually and systematically increase the renewable energy (RE) capacity mix in the national electricity supply since access to green electricity supply is a "pre-requisite" for data centre development, and to ensure that RE needs for data centre development can be met.

By Danial Dzulkifly PETALING JAYA, Feb 7 — The companies operating in Selangor’s first IC Design Park have raised a collective RM2.6 billion in investment and funding, with the state looking to expand the hub to its second phase, said Selangor Information Technology and Digital Economy...

By Danial Dzulkifly BATANG KALI, Jan 23 — The state government is considering alternative water sources to address the increasing demand for cooling systems in existing and future data centres, said Menteri Besar Dato’ Seri Amirudin Shari. He said that to date, Selangor has approved...

By Danial Dzulkifly CYBERJAYA, Jan 21 — The National Water Services Commission (SPAN) has called on other states to adopt Selangor’s Zero Discharge Policy (ZDP) to protect water resources and the environment, especially as Malaysia steps up efforts to attract data centre projects. The policy...

By Danial Dzulkifly CYBERJAYA, Jan 21 — The National Water Services Commission (SPAN) has raised serious concerns about Malaysia’s approach to data centre development, warning that the facilities’ reliance on potable water could trigger a water crisis. SPAN chairman Charles Santiago said...

PETALING JAYA, Jan 16 — The United States government’s potential restrictions on artificial intelligence (AI) chip exports will not affect existing data centres in Malaysia, said Deputy Investment, Trade, and Industry Minister Liew Chin Tong.

ABU DHABI, Jan 15 — Malaysia welcomes companies from the United Arab Emirates (UAE) to invest in local renewable energy (RE) projects, including data centres, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Dec 27 — Malaysia has been and continues to be a beneficiary of high data centre demand, thanks to Singapore’s spillover and high capital expenditure (capex) totalling US$21.2 billion (RM94.55 billion) by big tech firms, said Kenanga Investment Bank Bhd (Kenanga IB).

By Danial Dzulkifly   SHAH ALAM, Nov 20 — Selangor will carefully evaluate applications to establish data centres in the state by ensuring such projects benefit the local economy.  State executive councillor for investment, trade, and mobility Ng Sze Han said this may include requiring the...