Chin Hin To Acquire Stake In Data Centre EPCC Player For RM51.5 Million
Chin Hin To Acquire Stake In Data Centre EPCC Player For RM51.5 Million
The proposed acquisitions also come complete with a cumulative profit guarantee amounting to RM12.39 million for 2023 and 2024.Property developer, Chin Hin Group Berhad announced that it has entered into a share sale agreement to acquire 65% equity interest in Critical System Specialist Sdn Bhd and CSS Engineering & Construction Sdn Bhd for RM51.5 million.
房地产开发商欣兴集团宣布已签订股权出售协议，以5，150万令吉收购Critical System Specialist Sdn Bhd和CSS Engineering & Construction Sdn Bhd的65%股权。
CSS and CSE are pioneers in engineering, procurement, construction and commissioning (EPCC) of data centers (DC) in Malaysia. The companies' customers include some of the biggest names in the financial, telecommunications, logistics and
supply chain sectors such as Bank Negara Malaysia, Starhub, Macquarie, DHL and NTT Communications.Chin Hin Group
CSS和CSE是马来西亚数据中心（DC）的工程、采购、建设和投运（EPCC）的先驱。这些公司的客户包括金融、电信、物流和供应链等行业的一些最大的玩家，比如马来西亚国家银行、星和、麦格理、DHL和NTT Communications。
Chin Hin Group的董事总经理Chiau Haw Choon表示:"拟议中的收购将使Chin Hin作为一个具有独特市场优势的领先者。我们预计在交易完成后，将得到支持RM38800万的CSS的摆盘，从而获得清晰的盈利前景。凭借CSS 21年的EPCC经验，我们已经做好了充分的准备，以利用数据中心市场的不断增长。这些收购还附带有累计盈利担保，金额为RM1239万，涵盖2023年和2024年。"
Managing Director, Chiau Haw Choon said, "The proposed acquisitions will position Chin Hin as a leading player with distinct market advantages. We anticipate clear profit visibility, supported by RM388 million in CSS' order book upon the completion of the transactions. With CSS' 21 years of proven expertise in EPCC, we are well-prepared to capitalize on the booming growth in the data center sector.
马来西亚正在崛起为东南亚和亚洲地区的数据中心重镇，由于云计算和人工智能（AI）服务的需求激增，该国高增长的数据中心市场预计将从2023年的US$18.1亿（RM80亿）增长到2029年的US$39.7亿（RM175亿）。"交易完成后我们将参与的其中一个项目是位于柔佛的15MW数据中心，该数据中心将在该地区提供云计算和人工智能服务，" Chiau补充道。
The proposed acquisitions also come complete with a cumulative profit guarantee amounting to RM12.39 million for 2023 and 2024.
该提议的收购还附带有涵盖2023年和2024年的RM1239万的累计盈利担保。
Malaysia is emerging as a DC powerhouse in Southeast Asia and the region as demand surges for cloud computing and artificial intelligence (AI) services. The country's high-growth DC market is expected to reach US$3.97 billion (RM17.5 billion)
by 2029 from US$1.81 billion (RM8 billion) in 2023.1"One of the projects that we will be working on upon the completion of the acquisitions is the 15MW data center in Johor which will provide cloud computing and AI services across the region," Chiau added.
在马来西亚，数据中心市场的需求激增，该地区正在成为DC强国。该国高增长的数据中心市场预计将从2023年的RM80亿增长到2029年的US$39.7亿。
该提议的收购还附带有涵盖2023年和2024年的RM1239万的累计盈利担保。
Under the SSA with CSS' shareholders, Chin Hin is to acquire 500,500 shares or 65%equity interest in CSS for RM41.2 million.
Meanwhile, Chin Hin also struck a deal with CSE's shareholders to acquire 195,000 shares or 65% equity interest in CSE for RM10.3 million.
根据与CSS股东的SSA，Chin Hin将以RM4120万的价格收购CSS的500,500股或65%股权。
与此同时，Chin Hin还与CSE的股东达成协议，以RM1030万的价格收购CSE的195,000股或65%股权。
The group said the proposed acquisitions will be funded via a combination of internally generated funds and bank borrowings and are expected to be completed by the third quarter of 2024.
该集团表示，这些提议中的收购将通过内部产生的资金和银行借款组合进行融资，并预计将在2024年第三季度完成。
