Further to the earlier announcement on the RM2 billion stake divestment, Time dotCom, Berhad said it has completed its transaction with funds affiliated with DigitalBridge Group, Inc. on their partnership.
With the completion of this deal, both parties are well-positioned for a rapid and tactical expansion of data centre facilities across primary and secondary cities in ASEAN and beyond with a focus on providing best-in-class services to multinationals, large enterprises, content providers, internet infrastructure providers and financial institutions. The plans will centre on AIMS as the primary platform for expansion in the highly connected, ecosystem-centric data centre space, whilst making Malaysia a core hub and gateway for greater connectivity in the region.
“We are excited to embark on the next chapter of AIMS’ journey to become a leading data centre provider in Asia. We believe that DigitalBridge’s global experience in other markets will serve as a critical accelerator in our plans for expansion,” said Afzal Abdul Rahim, Commander-in-Chief of Time. DigitalBridge is looking forward to partnering with Time to create the leading edge and interconnection data centre platform in the region,” said Justin Chang, Head of Asia for DigitalBridge.
