Green Packet: Divesting Remaining Stake In Mobile Business
New Businesses: E-KYC, Fintech, Proptech, Cloud Computing, Digital Bank License
Source: Deal Street Asia
https://www.dealstreetasia.com/stories/ ... le-199019/
New Businesses: E-KYC, Fintech, Proptech, Cloud Computing, Digital Bank License
KUALA LUMPUR (Aug 18): Green Packet Bhd will be investing an initial RM100 million under its collaboration with Tencent Cloud to set up a joint Internet data centre in Malaysia.
Green Packet group managing director CC Puan said the initial investment will comprise the setting up of infrastructure, including a total of 600 servers, as well as the provision of software solutions.
The exclusive collaboration between the two parties will be for a period of eight years, plus an additional two years, starting today.
We strongly believe that over the next four to five years, we will be investing in more than 3,000 to 4,000 servers,
Puan added that total investment in this collaboration could add up to RM300 million to RM500 million over the next three years.
It will take about six months before the cloud computing infrastructure is fully commissioned, he said, expecting the operations to go live in the first quarter of 2021 (1Q21).
Users browsing this forum: No registered users and 3 guests