Big data centers, big money.
From Singapore's The Business Times, March 17:
The unit has data centres in countries including Singapore, Malaysia, Indonesia, Thailand, Hong Kong and Japan
CHINESE data centre operator GDS Holdings is seeking a US$3.4 billion-equivalent loan for its data centre operations in Malaysia, sources familiar with the matter said.
The borrowing would be its biggest-ever loan. It would also be among the largest financings for the sector by any borrower in Asia.
The company’s international arm, DayOne, formerly known as GDS International, is aiming for a five-year facility, according to the sources. It would comprise a US$1.7 billion tranche and a RM7.5 billion (S$2.3 billion) piece, and is being syndicated to the broader market, said the sources....
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Related:
May 2024 - "Microsoft CEO Pledges $2.2 Billion in Latest Asian AI Investment" - This Time Malaysia
June 2024 - "Thai Energy Billionaire Steps Up Data Center Push to Tap AI Boom"
I'm starting to think this may be more than a passing fad.
Elsewhere on the Peninsula: "Malaysia is emerging as a data center powerhouse amid booming demand from AI"
July 2024 - Asian Property Development: Three Data Center Operators And A Warehouser
The Asian data center business is coming on strong....
October 2, 2024 - "Oracle to Invest $6.5 Billion in AI and Cloud Infrastructure in Malaysia"
Malaysia is becoming something of a regional hotbed for data centers....
October 3, 2024 - "Google breaks ground on Kuala Lumpur, Malaysia, data center"
October 22, 2024 - Southeast Asia: Hotspot For AI Infrastructure (NVDA)But you knew that....
December2024 - "Dubai Billionaire Plans to Build Data Centers Across Asia"
March 17, 2025 - China's Beijing Haoyang To Build $2.2 Billion Data Center in Thailand
