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狮城早报 | GIC与Equinix注入39亿美元扩大数据中心组合

Lion City Morning Post | GIC and Equinix inject US $3.9 billion to expand the data center portfolio

Moomoo News ·  Jun 14, 2021 22:15

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Singapore opened this morning as a hot spot.

-Moomoo News Team

Opening snapshot

The Singapore stock market opened slightly higher today (June 15).

As of 9: 09 a.m.$FTSE Singapore Strait Index (.STI.SG) $It rose 7.84 points, or 0.25%, to 3160.98 points. The total trading volume was 200 million shares, with a total trading value of 92.35 million yuan, including 39.03 million rising stocks and 44 declining stocks.

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Today's hot spot

GIC and Equinix inject $3.9 billion to expand data center portfolio

Singapore government company (GIC) and US data center service company Equinix signed an additional joint venture agreement to jointly inject US $3.9 billion (S $5,187 million) to expand the data center portfolio.

Equinix said in a statement on its website today that the two sides signed the contract through a limited liability partnership ((Limited Liability Partnership)).

Upon completion of the deal, the data center portfolio will expand to more than $6.9 billion. The 32 data centers around the world can provide more than 600 megawatts of capacity when completed.

The joint venture project is expected to be completed within this year. GIC will hold an 80 per cent stake in the joint venture, with the rest going to Equinix.

The proposal for the acquisition of Xianghe Technology has become unconditional.

Xianghe Technology (Cheung Woh Technologies) 's voluntary conditional acquisition offer became unconditional, as of 05:30 in the evening on July 6th.

After the closing of the market today, the company disclosed that as of 6: 00 p.m. Monday, it had discussed the acquisition of a 90.15% stake in the company with related parties, and met the conditions for compulsory acquisition and delisting of the company.

Woh Seng Holdings Private Co., Ltd., which is made up of Xianghe Technology directors, offered a voluntary conditional acquisition proposal last month to buy other shares it does not yet own at 0.285 yuan per share.

Can pay attention to the stock

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Source: Lianhe Zaobao

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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