5 days ago
Sime Darby Seeks Loan to Build Malaysian Data Center for Google
Malaysian developer Sime Darby Property is in talks with banks for a loan of as much as 3 billion ringgit ($714 million) to fund the building of a data center that will be leased to Google, according to people familiar with the matter.
The proposed loan will have a tenor of five years and carry an extension option of as long as two years, the people said. Discussions are ongoing and details could change, they added.
