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

Ringgit, regional currencies end lower vs US$ as geopolitical tensions persist
EP Manufacturing unit acquires industrial land in Alor Gajah for RM35.12mil
Bursa Malaysia ends lower on caution over rising oil prices, West Asia tensions
Orkim unit acquires new oil and chemical tanker for RM97mil
BIMOffice makes strong LEAP Market debut, eyes digital construction growth
Brent oil heads for record month, stocks in limbo
Capital A plans to exit PN17 after four consecutive profitable quarters - Tony Fernandes
Media Chinese to dispose of Canadian property for RM29mil
AirAsia expects modest fare hikes but maintains low-cost positioning
SME Corp to enhance MSME's role in JS-SEZ

Others Also Read