News Release - 11 June 2025

 


UOB drives digital infrastructure growth in landmark RM15 billion data centre financing in JS-SEZ

 


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The signing ceremony, witnessed by YB Senator Datuk Seri Utama Tengku Zafrul bin Tengku Abdul Aziz, Minister of Investment, Trade and Industry (standing, centre), together with Ms Ng Wei Wei, CEO of UOB Malaysia (standing, left); Mr Andy Cheah, Managing Director and Country Head of Wholesale Banking, UOB Malaysia (seated, left) and Ms Jamie Khoo, CEO of DayOne (seated 4th from left).

 



Kuala Lumpur, Malaysia, 11 June 2025 – UOB today announced its role as Joint Coordinator, Mandated Lead Arranger, Underwriter and Bookrunner in one of Southeast Asia’s largest data centre financing transactions. The landmark transaction, which involves a dual currency loan of RM15 billion, is also the largest syndicated green Islamic facility in Malaysia.

 

The deal supports DayOne's transformative data centre development in the Johor-Singapore Special Economic Zone (JS-SEZ). It was successfully arranged by UOB in syndication with six other leading financial institutions, reflecting the collaborative spirit essential for delivering transformative infrastructure projects in the region.

 

Ms Ng Wei Wei, Chief Executive Officer, UOB Malaysia said, "This landmark transaction reflects UOB's dedication to supporting infrastructure projects that drive sustainable digital transformation across ASEAN. By jointly financing DayOne’s data centre in the JS-SEZ, we are not only supporting Malaysia's digital economy but also strengthening the connectivity backbone that enables businesses from both sides of the Causeway to thrive in the digital age. We remain committed to the continuous support and development of the JS-SEZ as a strategic economic corridor that enhances regional connectivity and drives sustainable growth."

 

The deal reflects UOB's confidence in the project's sustainability and regional impact. This transaction also exemplifies UOB's commitment to fostering cross-border digital infrastructure that enhances regional connectivity.

 

Headquartered in Singapore, DayOne is a global pioneer in digital infrastructure platforms with a growing presence across both tier-one and emerging data centre hubs, including Singapore, Johor (Malaysia), Batam (Indonesia), Greater Bangkok, Hong Kong, Tokyo and beyond. Its data centre development in the JS-SEZ represents a critical bridge between Malaysia and Singapore's digital ecosystems, positioning ASEAN as a premier destination for cloud computing and digital services.

 

The financing facility enables DayOne to refinance existing loans while funding new data centre developments, creating a stable foundation for long-term growth and optimal capital allocation across their expanding regional portfolio.

 

A signing ceremony commemorating the deal was attended today at Grand Hyatt Kuala Lumpur. The event was graced by YB Senator Datuk Seri Utama Tengku Zafrul bin Tengku Abdul Aziz, Minister of Investment, Trade and Industry together with representatives from DayOne, UOB, and other participating financial institutions.

 

UOB's involvement in this landmark financing aligns with the Bank's broader strategy to support sustainable infrastructure development across Asia. The Bank has been privileged to support DayOne since its initial data centre project days in 2015 in Shenzhen, China. This demonstrates a long-standing partnership between the two parties in the digital infrastructure sector.