Singapore-based ICT firm, TeleChoice International Limited, has been shortlisted to design and build a data center project in Malaysia, the portfolio company of ST Telemedia said in an exchange filing last week. The bid was jointly submitted with “certain consortium partners” which were not named in the filing. If successful, the consortium will finalise the scope and terms of its participation, including capital commitments and financing arrangements, it added.
“The proposal is currently being evaluated by the potential customer, as well as the relevant authorities and stakeholders. At this point, there is no assurance that we will be successful in securing the project, nor that any definitive agreements will be entered into, or that the project will proceed,” the statement said. It was signed by Pauline Wong Mae Sum, President and Chief Executive Officer of TeleChoice.
The company views the project as an opportunity to participate in digital infrastructure developments in the region but will weigh carefully all the risks and returns before entering any binding agreements.