Straits' unit signs MoA with Hong Kong-based Digital One for cloud computing venture

From left: Straits CommNet Solutions Sdn Bhd chief operating officer John Ho Soon Choy, Digital One Solutions Limited director cum general manager Paul Yung, Straits CommNet Solutions Sdn Bhd chief executive officer Sunny Ho Khin Choy and Digital One Solutions Limited chairman Raymond Wei.

KUALA LUMPUR: Straits Energy Resources Bhd’s indirect subsidiary, Straits CommNet Solutions Sdn Bhd (SCS) has signed a memorandum of agreement (MoA) with Digital One Solutions Limited (D1) to explore a potential joint venture in the regional cloud computing industry.

Under the MoA, SCS and D1 will begin exclusive talks to collaborate and form a joint venture company to participate in cloud technology and computing business opportunities in Malaysia and across the region.