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Five major data centre service providers in Thailand have banded together in a strategic alliance that aims to transform the country into a major data centre hub for Southeast Asia.
Colo data center giants duke it out over Time Dotcom Bhd's data center assets in Malaysia.
Time Dotcom Bhd, a Malaysian telecommunications provider, is considering strategic options for its data centers business, according to people familiar with the matter. The company is working with financial advisers on a strategic review for Aims Data Centre that may lead to a stake sale, the people said, asking not to be identified because the matter is private. Time could raise about US$500 million to US$600 million in a deal, the people said
KUALA LUMPUR: Stocks that could see price movement on Friday include PA Resources, Bintai Kinden, Cypark Resources, Bintai Kinden, Datasonic, Solarvest, CIMB, Time dotCOm, MyNews, Poh Huat, Wong Engineering and Poh Kong, said JF Apex Research.
(Bloomberg) -- Time Dotcom Bhd., a Malaysian telecommunications provider, is considering strategic options for its data centers business, according to people familiar with the matter.