Keppel DC REIT divests Basis Bay Data Centre in Malaysia for $16.9m

The purchaser, however, will only pay the REIT $16.7m.

Keppel DC REIT has divested Basis Bay Data Centre in Malaysia for $16.9m to Basis Bay Services MSC.

However, Basis Bay Services MSC will pay only $16.7m to the REIT, as it holds a 99.0% stake in Basis Bay Capital Management, the owner and vendor of the asset.

The remaining 1% stake in Basis Bay Capital Management is held by E-Basis Bay.

The divestment is unlikely to have a significant impact on Keppel DC REIT’s net asset value and distribution per unit for FY 2025.

Follow the link for more news on

Keppel DC REIT

divestment

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia