Mobile-Health Network Solutions to Acquire AI-Optimized Data Centres in Malaysia for $120 Million

Reuters
Nov 20
Mobile-Health Network Solutions to Acquire AI-Optimized Data Centres in Malaysia for $120 Million

Mobile-Health Network Solutions has entered into a Memorandum of Understanding with PPG PP GRID SDN. BHD. to acquire two artificial intelligence-optimized data centres and related digital infrastructure in Malaysia. The agreement outlines an investment of up to US$120 million, to be satisfied through the issuance of 3,000,000 Class A ordinary shares. The targeted assets will be held through PPG's wholly owned subsidiaries and are expected to enhance Mobile-Health Network Solutions' AI-powered health and technology ecosystem.

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