<div class=newsTextDataWrapInner><p>(Oct 30):&nbsp;GDS Holdings Ltd has&nbsp;raised US$1 billion (RM4.39 billion) from mostly new US investors for its data centre operations outside of mainland China.</p></div>

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<div class=newsTextDataWrapInner><p>Coatue Management led the investment in GDS’&nbsp;international affiliate, DigitalLand Holdings Ltd, along with “substantial participation” by Baupost Group, according to a statement dated Tuesday (Oct&nbsp;29). DigitalLand is also known as GDS International, or GDSI. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The statement confirmed a <em>Bloomberg News&nbsp;</em>report&nbsp;in August.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>GDS said it will hold a stake of about 37.6% in GDSI, which was established in 2022 and is headquartered in Singapore. It has 480 megawatts (MW) of data centre capacity in service and under construction, with another 590MW for development in places including Hong Kong, Singapore, and Batam in Indonesia.</p></div>

<div class=newsTextDataWrapInner><p>GDS is also looking to raise another US$2.3 billion in loans for its operations in Malaysia, and is considering an initial public offering (IPO) of the international unit as soon as next year, <em>Bloomberg </em>has&nbsp;reported.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>
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(Oct 30): GDS Holdings Ltd has raised US$1 billion (RM4.39 billion) from mostly new US investors for its data centre operations outside of mainland China.

GDS raises US$1b for data centre operations outside China

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<p>On its website, SD Guthrie Bhd (KL:SDG) prides itself on being one of the world’s largest producers of certified sustainable palm oil. It has also been a member of the Roundtable on Sustainable Palm Oil since 2004.</p>

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