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.
房地產開發商欣興集團宣佈已簽訂股權出售協議，以5，150萬令吉收購Critical System Specialist Sdn Bhd和CSS Engineering & Construction Sdn Bhd的65%股權。
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是馬來西亞數據中心（DC）的工程、採購、建設和投運（EPCC）的先驅。這些公司的客戶包括金融、電信、物流和供應鏈等行業的一些最大的玩家，比如馬來西亞國家銀行、星和、麥格理、DHL和NTT Communications。
Chin Hin Group的董事總經理Chiau Haw Choon表示:"擬議中的收購將使Chin Hin作爲一個具有獨特市場優勢的領先者。我們預計在交易完成後，將得到支持RM38800萬的CSS的擺盤，從而獲得清晰的盈利前景。憑藉CSS 21年的EPCC經驗，我們已經做好了充分的準備，以利用數據中心市場的不斷增長。這些收購還附帶有累計盈利擔保，金額爲RM1239萬，涵蓋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.
馬來西亞正在崛起爲東南亞和亞洲地區的數據中心重鎮，由於雲計算和人工智能（AI）服務的需求激增，該國高增長的數據中心市場預計將從2023年的US$18.1億（RM80億）增長到2029年的US$39.7億（RM175億）。"交易完成後我們將參與的其中一個項目是位於柔佛的15MW數據中心，該數據中心將在該地區提供雲計算和人工智能服務，" Chiau補充道。
The proposed acquisitions also come complete with a cumulative profit guarantee amounting to RM12.39 million for 2023 and 2024.
該提議的收購還附帶有涵蓋2023年和2024年的RM1239萬的累計盈利擔保。
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.
在馬來西亞，數據中心市場的需求激增，該地區正在成爲DC強國。該國高增長的數據中心市場預計將從2023年的RM80億增長到2029年的US$39.7億。
該提議的收購還附帶有涵蓋2023年和2024年的RM1239萬的累計盈利擔保。
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.
根據與CSS股東的SSA，Chin Hin將以RM4120萬的價格收購CSS的500,500股或65%股權。
與此同時，Chin Hin還與CSE的股東達成協議，以RM1030萬的價格收購CSE的195,000股或65%股權。
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.
該集團表示，這些提議中的收購將通過內部產生的資金和銀行借款組合進行融資，並預計將在2024年第三季度完成。
