Malaysia – Privasia unit to collaborate with Mara Inc and Felcra on Perak data centre
KUALA LUMPUR: Privasia Technology Bhd via its indirect subsidiary Privabytes Sdn Bhd has entered into a memorandum of agreement (MoA) with Mara Incorporated Sdn Bhd and Felcra Bhd to collaborate on developing and operating a data centre in Bagan Datuk, Perak.
In a filing with Bursa Malaysia, the company said it will enter into a joint venture with Mara Inc to incorporate a special purpose vehicle (SPV), to build and operate the date centre.
It said,
Privabytes and Mara Inc will handle feasibility studies, sustainable data centre planning, and ensure compliance with requirements of a Tier IV certification, while also assisting with infrastructure needs,
Meanwhile, Felcra will lease the land to the SPV and assist with lease registration.
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Malaysia – Privasia unit to collaborate with Mara Inc and Felcra on Perak data centre, source
