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data centres
Corporate moves
Singtel reports 14% higher earnings for FY2023; to focus on data centre growth
Singtel reported a positive set of FY2023 results. Moving forward, it has a few big plans to grow the company.
May 25, 2023
M&A
Frasers Property acquires Frasers Property Technology for $18.0 mil
As at 9.50am, shares in Frasers Property are trading 0.5 cents lower or 0.57% down at 88 cents.
May 11, 2023
Results
Digital Core REIT 1QFY2023 net income down 10% y-o-y on higher financing costs
The REIT's net asset value per unit, as at March 31 was 81 US cents.
April 26, 2023
Broker's Calls
'Buy' Singtel as Asean's data centre sector enters 'hyper-growth': RHB
Also of potential interest are two pure-play data centre S-REITs: Keppel DC REIT and Digital Core REIT.
April 17, 2023
Digital Economy
CapitaLand Investment establishes China data centre development fund with $1 bil in investments
The total equity committed to the fund is $530 million.
February 22, 2023
News
Hackers selling stolen data centre logins for some of the world's biggest corporations
About 2,000 customers of GDS Holdings and ST Telemedia Global Data Centres were affected.
February 21, 2023
Broker's Calls
DBS, citing Singtel's regional data centre ambitions, keeps 'buy' call and $3.15 target price
For 1HFY2023 ended Sept 2022, Singtel generated operating earnings of $86 million from its Singapore data centre business.
February 08, 2023
IPO
Temasek-backed data centre operator explores over US$1 billion IPO, sources say
"As with many businesses of our size and scale, we are constantly exploring all options to optimize our capital structure"
January 13, 2023
Digital Economy
Urgent hyperscale demand for data centres makes leasing an attractive option
For faster go-to-market, hyperscalers must consider partnerships with data centre providers for the long run.
December 13, 2022
News
Singapore to drive the development of green solutions with Microsoft
Additionally, Microsoft is working with ITE to close the data centre skills gap in Singapore.
November 18, 2022