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Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
[HONG KONG] US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business...
TikTok plans to build 1b euro data centre in Finland
[HELSINKI] TikTok plans to invest 1 billion euros (S$1.48 billion) to build its first data centre in Finland as it moves data storage for European users to the continent,...
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
[SINGAPORE] HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three planned sites as the bank...
Mapletree Industrial Trust proposes US$11.8 million divestment of US data centre
[SINGAPORE] Mapletree Industrial Trust (MIT) is proposing to divest its data centre in Georgia, US, for US$11.8 million, it said on Wednesday (Apr 23).It entered into a purchase and...
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
[SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said...
Sats JV to upgrade Marina Bay Cruise Centre
[SINGAPORE] Sats announced on Friday (Apr 11) that terminal operator Sats-Creuers Cruise Services (SCCS) will lead refurbishment works for Marina Bay Cruise Centre Singapore (MBCCS).The S$40 million upgrading works...
Meta plans nearly US$1 billion data centre project in Wisconsin
[NEW YORK] Meta Platforms plans to spend nearly US$1 billion on the development of a data centre project in central Wisconsin, underscoring a larger effort from the social media...
Trump tariffs could stymie Big Tech’s US data centre spending spree
US PRESIDENT Donald Trump’s sweeping reciprocal tariffs could hamstring Big Tech’s billion-dollar efforts to build artificial intelligence infrastructure in the country, likely undermining a key goal of the administration,...
