PETALING JAYA: Mah Sing Group Bhd (Mah Sing) has launched the Mah Sing DC Hub@Southville City, its maiden data centre development with partner Bridge Data Centres (BDC), owned primarily by Bain Capital.
During the launch, a collaboration agreement was signed by Mah Sing’s property subsidiary chief executive officer Benjamin Ong and BDC president Eric Fan, and was witnessed by Deputy Prime Minister Datuk Seri Fadilah Yusof, who is also Energy Transition and Water Transformation Minister.
Also present was Mah Sing founder and group managing director Tan Sri Leong Hoy Kum and BDC APAC solutions vice president Patrick Png.
“Southville City is an ideal location for a data centre hub, strategically positioned in a triangle with Bukit Jalil and Cyberjaya. This placement makes the region a central force in Malaysia’s digital transformation and technological advancement,” said Leong, referring to Southville City being located 20km from the data centres at Cyberjaya and Bukit Jalil.
The partnership will design and develop the data centre facilities and infrastructure, including securing necessary approvals and planning permission.
Mah Sing DC Hub@Southville City is also less than 50km from Telekom Malaysia’s (TM) upcoming new cable landing station in Morib, Selangor. The proximity allows Mah Sing DC Hub@Southville City to provide a dark fibre network. Expected to be completed in the first quarter of 2025, TM’s Morib landing station will be a key landing site for Malaysia.
Envisioned to be a holistic digital infrastructure ecosystem, Mah Sing DC Hub@Southville City will be able to accommodate multiple demands from various industries and is poised to attract a diverse clientele, including leading technology corporations, telecommunication giants and prominent financial institutions.
“This venture marks a strategic shift for Mah Sing, diversifying our revenue streams beyond property development. Entering the data centre market allows the Group to establish recurring income, crucial for a more resilient financial foundation amidst market fluctuations. This emphasis on expanding recurring income aims to build a sustainable and recession-resistant business model, mitigating risks associated with property development cyclicality,” Leong added.
Deputy Prime Minister Dato’ Sri Fadillah Yusof praised the venture stating, “This joint venture initiative between Mah Sing and BDC aligns with Malaysia's digital transformation agenda and economic growth, reinforcing the nation's position as a prime location for data centre investment in the Asia Pacific region. It also reflects the strong confidence and trust that investors have in our strategic and supportive environment. The establishment of a cutting-edge data centre in Southville City will meet the growing demand for digital infrastructure, positioning Malaysia as the digital hub of ASEAN.”
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