DigitalBridge Group, a US digital infrastructure investment firm, is reportedly looking at its options regarding its controlling stake in Malaysia’s AIMS Data Centre Holding Sdn Bhd. These options include bringing in new investors, raising funds, and even a sale of its stake in the operation.
These reports come from people familiar with the matter who asked not to be named as discussions between DigitalBridge and a financial advisor are ongoing and private. Per a Bloomberg report, a transaction could value AIMS at about RM 8.23 billion (US$ 2 billion).
Again, there are several avenues DigitalBridge could pursue before selling, and according to reports, the aforementioned financial advisor is gauging interest in AIMS Data Centre Holding Sdn Bhd. As such, a sale may not even happen.
The investment firm acquired a 49 percent stake in AIMS Data Centre Holding Sdn Bhd from TIME dotCom Berhad in November 2022. DigitalBridge paid RM 2 billion for that stake with the overall value of the AIMS business said to have been RM 3.2 billion at the time. In 2024 DigitalBridge acquired a further 21 percent stake for RM 240 million by converting its preference shares, bringing its ownership to 70 percent.
Last year on December 29, DigitalBridge announced that it was set to be acquired by SoftBank Group for US$ 4 billion. At the time, SoftBank spoke of how the acquisition would advance its efforts to “realize Artificial Super Intelligence (ASI) for the advancement of humanity”. The acquisition is still pending.
A sale of AIMS would be odd in that regard. The Tier III-certified, carrier-neutral data center provider acquired 10 acres of land in Cyberjaya earlier this year which it will develop into a 200 MW AI data center, investing RM 4 billion into the project. That project is expected to be completed in 2027 but that timeline may change given recent developments. Neither AIMS nor DigitalBridge has commented on the matter as of the time of publication.