Singapore data centre developer DayOne secures US$3.7bil financing for Malaysia expansion
BENGALURU: Singapore-based data centre developer DayOne on Tuesday said it secured an additional RM15 billion (US$3.67 billion) in financing from a consortium of seven banks, including DBS Group and Standard Chartered, to fund its expansion in Malaysia.
Singapore-based data center developer DayOne announced on Tuesday that it has secured an additional 15 billion ringgit (approximately $3.67 billion) in financing to fund its expansion in Malaysia. According to the New Straits Times, the funding consists of a $2.40 billion offshore term loan facility and a RM5.50 billion Murabahah facility. This new financing expands on a RM15 billion loan previously granted in 2025.
The capital is intended to fund the expansion of DayOne's hyperscale data center capacity in Johor. The New Straits Times reports that the financing was arranged by a consortium of seven banks, including DBS Group, Standard Chartered, CIMB Group Holdings, Maybank, Crédit Agricole CIB, Oversea-Chinese Banking Corp, and United Overseas Bank.
Brief written by urgent.news from Techmeme, New Straits Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
