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Home South East Asia

GDS Confirms Talks to Raise Equity for International Data Centres

NEWSROOM by NEWSROOM
March 28, 2024
in South East Asia, Sports
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GDS Johor MalaysiaGDS Johor Malaysia

GDS launched the first phase of its campus in Johor, Malaysia in August

Three years after announcing plans to expand beyond its home market of mainland China, data centre developer and operator GDS Holdings has confirmed that it has held discussions with private equity investors regarding a potential capital raise for its international business spanning Hong Kong and Southeast Asia.

While GDS did not divulge the investors with whom it held discussions or the potential investment amount, the company issued the confirmation after Bloomberg reported that Chinese fund managers Hillhouse…



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