Jakel invests in Cyberjaya data centre project


KUALA LUMPUR: The Jakel Group is venturing into the data centre business by partnering PiDC Holdings Bhd via a 40% investment in Pi Data Centre Sdn Bhd (PiDC).

In a statement, the group said this strategic investment marks a pivotal milestone in Jakel Group's enterprising journey, enabling the company to rebalance its investment portfolio by incorporating digital infrastructure alongside its established interests in textile trading, wholesale, property development and leasing, plantations, healthcare, and military equipment.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Jakel , investment , data centre , PiDC

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read