Sime Darby Property to develop data centre, RM2bil lease value for first 20 years

This project by Sime Darby Property is set to break ground in the second quarter of 2024. Construction completion is targeted for 2026, followed by a 20-year lease with the multinational technology company. Photo: Artist’s Impression

KUALA LUMPUR: Sime Darby Property Bhd has partnered Pearl Computing Malaysia Sdn Bhd to develop a hyperscale data centre at Elmina Business Park, Selangor.

Pearl Computing is a private limited company incorporated in Malaysia. It is a wholly owned subsidiary of Raiden APAC Pte Ltd, a Singapore-incorporated company, and is part of a US-headquartered multinational technology corporation.