UOB part of RM15bil Financing for data centre project in Johor-Singapore zone


The event was witnessed by Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz (standing, centre), together with UOB Malaysia CEO Ng Wei Wei (standing, right), UOB Malaysia managing director and country head of wholesale banking Andy Cheah (seated, right) and DayOne CEO Jamie Khoo (seated, fourth from right).

KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB) announced its role as joint coordinator, mandated lead arranger, underwriter, and bookrunner in one of Southeast Asia’s largest data centre financing deals.

The landmark transaction, which involves a dual currency loan of RM15bil, is also the largest syndicated green Islamic facility in Malaysia.

The deal supports DayOne’s transformative data centre development in the Johor-Singapore Special Economic Zone (JS-SEZ). UOB arranged the financing in syndication with six other banks.

UOB Malaysia chief executive officer Ng Wei Wei said the landmark transaction reflects the bank’s commitment to supporting infrastructure projects that advance sustainable digital transformation across Asean.

“By jointly financing DayOne’s data centre in the JS-SEZ, we are not only supporting Malaysia’s digital economy but also strengthening the connectivity backbone that enables businesses from both sides of the Causeway to thrive in the digital age.

“We remain committed to the continuous support and development of the JS-SEZ as a strategic economic corridor that enhances regional connectivity and drives sustainable growth,” she said.

Headquartered in Singapore, DayOne is a global leader in digital infrastructure, with a growing footprint across tier-one and emerging markets, including Singapore, Johor (Malaysia), Batam (Indonesia), Greater Bangkok, Hong Kong, Tokyo, and beyond.

The financing facility enables DayOne to refinance existing loans while funding new data centre developments, creating a stable foundation for long-term growth and optimal capital allocation across their expanding regional portfolio.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
UOB , DayOne , dat centre , JS-SEZ

Next In Business News

Johari: Govt exploring ways to expand biodiesel use
PTT Synergy buys Gombak land for RM60mil to build automated warehouse
TH Plantations CEO put on garden leave, CFO resigns amid RM5.1mil probe
Silver Ridge wins RM16.9mil underground cable job
Cloudaron plans RM38mil sale of subsidiaries to Sweden’s Abelco
Globetronics buys 30.85% stake in Mpire Global for RM45mil
NexG sets up MyNasional Holdings as AI, data intelligence arm
Ringgit rebounds to close higher on better-than-expected 2Q GDP forecast
KTI Landmark bags RM130.6mil contract to build ABM Sabah campus
Foreign investors remain significant net buyers in 1H25, contribute net inflow of RM21.4bil

Others Also Read