DayOne Data Centers Ltd., an overseas affiliate of data center operator GDS Holdings (9698.HK; GDS.US), announced on Wednesday it will invest more than 28 billion ringgit ($6 billion) in Malaysia, while also launching talent development programs in the Southeast Asian nation to support local data center and AI infrastructure growth.
The company said it plans to make Malaysia its largest global operating base, expected to account for more than half of its total workforce expansion by the end of this year. The investment is expected to create around 1,200 direct jobs and more than 5,000 jobs across the broader supply chain ecosystem.
In addition, DayOne will train more than 1,000 data center engineers at its regional operations and training center in Johor to support AI infrastructure development.
Singapore-based DayOne was originally GDS’ international business unit. After bringing in external investors in 2024, GDS deconsolidated the unit, which it now accounts for as a non-controlled affiliate. Following the completion of a series-C financing earlier this year and a subsequent share buyback, GDS’s stake was expected to fall to around 24%.
GDS stock opened higher on Thursday in Hong Kong but later reversed course to close at HK$39.28 by the midday break, down 4.24%.
By Lee Shih Ta
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