Deep Source Inks 10-Year Deal for 67MW Malaysia Data Center; Shares Up 4%
MT Newswires Live
5 hours ago
Deep Source (HKG:0990) secured a 10-year data center colocation agreement covering 67 megawatts of planned IT capacity at its project in Penang, Malaysia, according to a Wednesday Hong Kong bourse filing.
The project is scheduled for phased delivery in 2027, with the customer required to pay monthly service charges based on contracted capacity from the service commencement date.
Shares of Deep Source were up nearly 4% in Thursday morning trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.