Nvidia & YTL Power partner for $4.3bn AI data centers in Malaysia
First phase to be operational in mid-2024


YTL POWER INTERNATIONAL BHD
YTLPOWR (6742)



Nvidia and Malaysian conglomerate YTL's power unit (YTLP) are developing $4.3 billion in artificial intelligence cloud and supercomputer infrastructure in Malaysia.

Reported by Reuters, the first phase of the project is expected to be operational by mid-2024.


Access by Road:
E2 North-South Highway Exit

With 275 acres of land earmarked for data centers, the park provides scalability to discerning data center players. The site is zoned for industry, and has access to national grid power and water resources, both critical for the data center operations.

Jalan Sawah is between Pekan Nanas and Kulai right?


The project will be hosted in a data center at YTL's data center park in Kulai, Johor. Here, the companies will develop Malaysia's fastest supercomputers using Nvidia's AI chips. YTL will also use Nvidia's AI cloud computing platform to build a large language model in Malay.

"Malaysia is an important hub for Southeast Asia computing infrastructure, which requires access to land, facilities, and power, and YTL could play a great role in that," said Nvidia CEO Jensen Huang, prior to the announcement of the partnership.

Prime Minister Anwar said of the agreement: "The decision to invest in Malaysia is a clear signal that foreign investors, especially technology giants, continue to make the country a primary destination of choice in this region."

The YTL data center park was first announced in August 2022 and is planned to eventually be a 500MW campus. Singaporean IT firm Sea is reported to be the anchor tenant for the development, and GDS is also developing a data center on the campus.

Earlier this month, DCD reported that 15 percent of Nvidia's Q3 revenue came from Singapore, notably making the city-state on Malaysia's border the company's fourth biggest customer globally. Per capita, Singapore spent $600 on Nvidia chips, compared to $60 in the US and $3 in China.

It is unclear what has led to this huge demand, be it shell companies using the location, or that Singapore is developing products that will be sent elsewhere.

This post has been edited by plouffle0789: Mar 4 2024, 03:25 AM

YTL claims education ministry breached 1BestariNet Contract

For the total project of 1BestariNet, including Phase 1 and Phase 2, the government had paid about RM3.8 billion to YTL Communications.






YTL Communications was awarded to commence Phase 1 of 1BestariNet from

Dec 13, 2011, to June 30, 2016,


including the seven times extension. The telco also had been awarded Phase 2,

which was extended between July 1, 2016, and June 30, 2019.


----------------------------------------------☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆







The access Wing refers to is of course a crucial part of the 1BestariNet initiative where each of the nation’s 10,000 schools, from those in the heart of the busiest cities to those in the rural heartlands, will have access to a 4MB wireless broadband network through YTL Comms’ WiMAX-based YES 4G network. As of end-December 2012, 70% of the nation’s schools have been connected, he says.

The cloud-based platform is the Frog VLE (Virtual Learning Environment), managed by a sister company under the overall YTL stable.

Wing claims that this problem led YTL Comms to a global search for the right solution which it found at the door of Google and its Chromebook, which with its low-cost cloud based services versus the PC-era architecture of the others; instant-on ability; and all-day battery life, was a clear winner to YTL Comms.

Each school will have 41 Chromebooks made by Samsung with 3,000 schools to get them initially. “The first contract,” as Wing describes it, declining to put a value to it. [Update]


However, on its website, the Samsung Chromebook is listed at RM1,299; or RM988 under the YES 4G Chromebook Plan, for RM69 per month with a monthly 3.5GB data quota.

[RM1 = US$0.34].


****------------------------



KUALA LUMPUR: YTL Communications Sdn Bhd has claimed the ministry of education breached contractual obligations pertaining to the supply of Internet connectivity to 10,000 schools nationwide following its appointment of

Telekom Malaysia Bhd,
Celcom Axiata Bhd
and
Maxis Bhd

as providers of interim Internet services for the second half of the year (2H19).

Under the ministry’s June 27 announcement, the three telecommunication companies (telcos) will replace YTL Communications for the period July 1 to Dec 31, 2019.


After investing more than RM4 billion building up the infrastructure in the schools for the 15-year project, YTL Communications maintained it was its “legitimate expectation” that it would be given an extension of the contract into the next phase.

“We view the ministry’s actions as being in breach of their contractual obligations to us. Disappointingly, they have not acted in good faith in respect of what we have been informed and what has actually been implemented,” the 60%-owned subsidiary of

YTL Power International Bhd said in a statement yesterday.

It cautioned changing the (teaching) platform “will set the entire education system backwards years.”

According to YTL Communications, the ministry had requested for free Internet services for 10,000 schools operating a virtual learning environment (VLE), as it was “not ready for a tender for implementation on July 1” when phase 2 of the contract with YTL Communications would expire.

YTL Communications said this was communicated during a meeting on April 23 between the ministry, TM, Celcom Axiata and Maxis as well as other Internet service providers (ISPs) over Phase 3 of the 1BestariNet project.

“The ministry requested that we provide free Internet services as the government ‘did not have the budget’ to pay for these services.”

In response, the telco wrote to Education Minister Dr Maszlee Malik on May 31 confirming that it would provide a complete solution of free Internet services as well as the Frog VLE for the interim period until the tender was called and awarded.

“Our primary concern was to ensure teaching in schools was not disrupted in the middle of the school year. Unfortunately, we did not receive any response to our offer,” YTL Communications said, adding it had come as a complete surprise to hear its rivals had been appointed instead.

“The ministry had excluded YTL Communications, reneged on its statement to call an open tender and agreed to pay for the Internet services to the three appointed ISPs, although we had offered the services for free.”
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The 1BestariNet project was awarded to YTL Communications in 2011 after an open tender for a 15-year service contract to be implemented in phases. The scope of work included providing a total learning solution comprising Internet connectivity, security and the Frog VLE.

In July last year, the ministry announced it would call a fresh tender for the learning solutions. YTL Communications claimed the ministry confirmed the company would not be excluded from the tender.

Abandoning Frog VLE in favour of Google Classrooms would lead to disruptions as years of teaching content has been created on the platform, YTL Communications asserted, and as entire schools have become acculturated to using the platform.

“Having successfully completed Phases 1 and 2, Phase 3 would have seen the full adoption of digital teaching and learning in classrooms January 2020.

“Changing the platform and starting all over again will set the entire education system backwards years,” YTL Communications warned.

However, YTL Communications said it will continue to make the Frog VLE available and to allow teachers to retain the smartphones provisioned with teacher data plans to prove its commitment to serve the nation. “This would prevent disruption and would allow teaching and learning to continue in classrooms and at home.”

This post has been edited by plouffle0789: Mar 4 2024, 03:48 AM

Heh, smart.

Tap into SG with that sweet SGD

👀🤭🍟🍷

per capita spending on nvidia chips


new economic metric wow

TS is terrorist

Please do not reveal location of the data center

Sentul will be renamed Bandar YTL next year?

Kulai also?

How many locals will get employed once the data centres completed?

This dc is what tier level ?

Tier IV and up to 72MW to start with

Not many, DC's don't need a lot of man power

kulai

KUALA LUMPUR: RHB Research maintains a buy call on YTL Power International Bhd as it is optimistic on the potential Johor thematic play arising from its future development of data centre (DC) and solar assets in Kulai.
https://www.nst.com.my/business/corporate/2...ytl-power-boost

Kulai is famous with IOI group (bandar putra)

Genting group (Taman Indahpura ,kulai )

If not mistaken it is very deep inside the palm oil land .remote area.

Mostly at the industrial area near Sedenak there. There are other data centers there.

Construction already in the works if i am not mistaken. Kulai really is booming with incoming ets as well

no benefit on local, all expert from other state or country.
Nowaday DC are fully automate, less people to intervene

This post has been edited by wong_86: Mar 4 2024, 08:43 AM

can tier 4 when the electricity is provided by the same company (TNB)?

BULLOCK LA

last time talk east talk west pujimak sentul how how how

now u see la how many YTL project running?

talk cock je pandai

Johor has quite a number of powerplants, maybe they can achieve it by relying on a coal fire one and another from the gas powerplant?

i dun understanding your england

u saying ytl good or u saying ytl bad?

to build DC is lot of things right?

need power, electrical cable, maintenance, cooling

all also big projects right?

benefit local manufacturers right?





cooling for data center is going to be big business also. just look at how hot things are today and how much heat datacenter is generating

invest in solar panel to feed them datacenter.

The only reason those data center is here is because Singapore wants to reduce carbon footprint like the west. Datacenter use alot of electricity.
So here they come. Like typical western ideology , they want green energy. So , likely they want YTL to power them with solar or hydroelectric.

Seriously, can Malaysia handle tier IV?

So much power blackout and water supply cuts happening every month

Yes

Near pekan nanas.....

There are cows will cross the road one..

data centres doesn't need much of the employer. It works as cloud storage, probably need a few of the IT maintenance team.

If it a very big data centre,need 24 hours shift people to maintenance and monitor right?

246 acres land

Some teacher sell the data instead using it in the classroom, I remember that time a lot of 1bestari 4g seller in lowyat garage section.

They got it free?


So they just sell the device and username and password?

Username and password. You can connect if you got yes 4g device

Fuh, same taman with Kulai Foxconn?

LOL jalan sawah, it's literary in the middle of nowhere in Kulai.

Sedenek full of poultry farms and sawit farms, construction factories, got Data Centre? which part yar?

TS

Google already got location LOL

https://maps.app.goo.gl/AYTWREQbwDNnVdS37

https://bousteadplantations.com.my/tag/kulai-young/

Boustead Plantations Berhad (BPB) has today completed its disposal of Kulai Young Estate, consisting of


5 parcels of land totalling 664 hectares

to SIPP Power Sdn. Bhd.


(SIPP), an exercise that is part of BPB assets rebalancing strategy.

An exchange of documents between the two parties was held today, with our Chief Financial Officer Mohamad Mahazir Mustafa representing BPB and Lawrence Hee Kang Yow, Project Director representing SIPP. Also present were BPB’s Head of Legal Ahmad Azhar Shah Ibrahim, Head of Strategy and Corporate Development Khairudin Ibrahim and Diana Ong Yu-Mei, SIPP’s Legal Associate.

Attending together were representative lawyers from both parties, Azmi & Associates and Rahmat Lim & Partners.

As part of the arrangement, BPB being the estate management agent will continue to manage the estate for a period up to five years.

BPB remain committed in its aspiration of becoming a sustainable technology-based plantations company while steadfastly upholding the principles of Environmental, Social and Governance (ESG) throughout its operations.


Boustead Plantations Berhad (BPB) has today completed its disposal of Kulai Young Estate, consisting of five parcels of land totalling 664 hectares to SIPP Power Sdn. Bhd. (SIPP), an exercise that is part of BPB assets rebalancing strategy.

An exchange of documents between the two parties was held today, with our Chief Financial Officer Mohamad Mahazir Mustafa representing BPB and Lawrence Hee Kang Yow, Project Director representing SIPP. Also present were BPB’s Head of Legal Ahmad Azhar Shah Ibrahim, Head of Strategy and Corporate Development Khairudin Ibrahim and Diana Ong Yu-Mei, SIPP’s Legal Associate.

Attending together were representative lawyers from both parties, Azmi & Associates and Rahmat Lim & Partners.

As part of the arrangement, BPB being the estate management agent will continue to manage the estate for a period up to five years.

BPB remain committed in its aspiration of becoming a sustainable technology-based plantations company while steadfastly upholding the principles of Environmental, Social and Governance (ESG) throughout its operations.


---------------------------------------

https://sgpgrid.com/company-details/my/sipp...-sdn-bhd-ID0000


KUALA LUMPUR: The Energy Commission (EC) over the weekend announced that it had awarded a fast-track power plant project, better known as project 4A, to a consortium consisting of

YTL Power International Bhd, Tenaga Nasional Bhd (TNB) and SIPP Energy Sdn Bhd, which is linked to the Johor royalty, through direct negotiation.



The project will give a new lease of life to the YTL group’s local power generation operation, as its power purchase agreement with TNB will expire by the end of next year.

However, the EC did not disclose the cost of the project and tariff offered by the consortium. Also, the shareholding structure of the consortium was not disclosed in the statement issued on Saturday.




-------------------

KUALA LUMPUR (Sept 28): Tenaga Nasional Bhd (TNB) has paid RM283 million cash to buy an additional 19% stake in Southern Power Generation Sdn Bhd from SIPP Energy Sdn Bhd, a company which is controlled by the Sultan of Johor.

In a bourse filing, TNB said this would raise its stake in Southern Power to 70% from 51% currently, while SIPP Energy's stake would fall to 30% from 49%.

Southern Power is a special purpose vehicle set up for the development of a combined cycle gas turbine power plant in Pasir Gudang, Johor.


https://businessreport.ctoscredit.com.my/on...-POWER-SDN-BHD-

Company Name	SIPP POWER SDN. BHD.
Company Registration No.	1053510W / 201301023681
Nature of Business	DEVELOPMENT, CONSTRUCTION, COMPLETION, MAINTENANCE AND OPERATION OF A LARGE SCALE SOLAR POWER FACILITY; AND INVESTMENT HOLDING.
Date of Registration	2013-07-09
State	WILAYAH PERSEKUTUAN

--------------------------------------

Company Name	SIPP ENERGY SDN. BHD.
Company Registration No.	0858888P / 201201006783
Nature of Business	DEVELOPMENT OF NEW 1440 MW COMBINED CYCLE POWER PLANT PASIR GUDANG
Date of Registration	2012-03-06
State	WILAYAH PERSEKUTUAN

-----------------------------------

2014 june news

Actually jalan sawah is belongs to pekan nanas right?


Boustead plantation sell the land to YTL group.....


2022 january news...

This post has been edited by plouffle0789: Mar 4 2024, 10:52 PM

10% and the rest are CCP

Most probably in Sedenak Tech Park. I'm working in K2, already got Bridge DC and Keppler DC here, and seems like got other planned DC to be constructrd here too. Airtrunk, GDS in Nusajaya.

How many locals will get employed once the data centres completed?


Any foreigners worker?

Like that Data centers in Cyberjaya all at risk? Lol..all eggs in one basket? Baru keluar gua?

Just joking lol

https://www.google.com/maps/place/Sedenak+T...b6xzj?entry=ttu

These data centers will eventually destroy the planet with its energy consumption.

nahhh, their energy source will be replaced

I heard that Bytedance is setting up a DC as well in Johor, do you know where it is?

LOL at the photo when I clicked on Kulai Industrial Data Exchange

Still new ma. haha. All industrial areas starts as hutan. lol

That's gonna be K2. I believe one of the tenants

DCs are known to have very few worker. And its mostly building maintenance so not much imho. Unless its DC like AWS or other cloud provider. That one gonna have a lot of IT hardware team

TNB need to buck up , many many plants always trip and almost die the country , just nobody reporting it

Microsoft also come to invest at kulai

They are there before nvidia.
Anyway, this is merely data center which created not much free flow money in the market. Those IT are not high pay, doesnt need more workers, cant compare to RnD center

This post has been edited by Zhik: Mar 15 2024, 09:29 AM

https://www.ytlhotels.com/resorts-and-hotels

2025 AGM should be held at JW MARRIOTT KUALA LUMPUR or THE RITZ-CARLTON, KUALA LUMPUR

YTL Power acquiring control of Ranhill Utilities

Jun 4, 2024

Analysts view the move positively, noting potential synergies for YTL Power, particularly in water operations and RE

YTL Power International Bhd is on fire. Just recently, the power utility and infrastructure group was in the news for its involvement in advanced data centre projects. Linked to that is the artificial intelligence (AI) wave.

Now, the utilities arm of YTL Corp Bhd made another big corporate manoeuvre when it moved in to take a controlling stake in Ranhill Utilities Bhd. It has scooped up the shares related to Tan Sri Hamdan Mohamad for RM405.2 million in a move that will see it making an offer for the remaining shares that it does not own.

In an exchange filing on May 28, YTL Power said its indirect 70%-owned subsidiary, SIPP Power Sdn Bhd, will be paying 99.5 sen per Ranhill Utilities share in the corporate move.

It said SIPP Power had entered into an unconditional share purchase agreement with Hamdan, Hamdan Inc (Labuan) Pte Ltd and Hamdan (L) Foundation for the acquisition of 405.18 million existing ordinary shares in Ranhill Utilities representing a 31.42% equity interest in Ranhill Utilities, together with 2.03 million Ranhill Utilities shares to be issued pursuant to the share dividend, for total cash consideration of RM405.18 million. Hamdan is the sole beneficiary of Hamdan Foundation, which was a major shareholder of Ranhill Utilities.

The acquisition bumps up YTL Power’s holding in Ranhill Utilities to 53.19% from 21.77%, obliging it to extend the mandatory takeover offer (MTO) to acquire all the remaining Ranhill Utilities shares it did not already own. YTL Power said it intended to maintain the listing status of Ranhill Utilities.

Analyst Reaction
On the while, the equity analysts have been positive with the move, seeing it as benefitting YTL Power.

In its report, MIDF Amanah Investment Bank Bhd (MIDF Research) noted that the entry of a “strong controlling shareholder” in YTL Power which operates in similar business segments as Ranhill Utilities was positive and allowed Ranhill Utilities to tap its expertise in the water sector given the former’s strong track record in operating Wessex Water Ltd in the UK.

“We believe Ranhill Utilities is a strategic fit for YTL Power as both are operating in similar businesses in water and power, albeit with differing scale and geographical presence,” the research house said.

It noted that Ranhill Utilities would give YTL Power access to exclusive Johor water operations allowing it to capitalise on prospects from the Johor-Singapore Special Economic Zone and potential demand from Johor’s data centre hubs.

Additionally, it said the synergistic expertise in water operations could drive further efficiency of Ranhill Utilities’ Johor water business.

It noted that the deal also gave YTL Power access to the Sabah electricity market whereby Ranhill Utilities controls the largest independent power producer (IPP) share, solidified further by a new 100 megawatts (MW) combined-cycle gas turbine due for commercial operation date in 2026.


In addition, Ranhill Utilities has been making headways into renewable energy (RE) with the commissioning of its large-scale solar (LSS4) plant in February 2024.

“Overall, we see this acquisition as a mid-to-long-term positive for YTL Power,” MIDF Research said, maintaining its ‘Buy’ call on the counter with a 52-week target price (TP) of RM6.35.

YTL Power has 10 ‘Buy’ and three ‘Hold’ calls on its counter, with no ‘Sell’ call among equity analysts tracked by Bloomberg, with a consensus TP of RM6.21.

YTL Power built on its origins as Malaysia’s first IPP with its two power stations in Paka, Terengganu, and Pasir Gudang, Johor, diversifying into the international utilities industry.

It then acquired Wessex Water, a water and sewerage operator in the UK in 2002 and YTL PowerSeraya Pte Ltd, which has a licensed generation capacity of 3,100MW and merchant multi-utilities businesses in Singapore, in 2009.



It also owns a 20% effective interest in PT Jawa Power, which owns a 1,220MW power station in Indonesia and a 45% stake in Attarat Power Co, the owner of a 554MW oil shale-fired power project in Jordan.

In another report, Hong Leong Investment Bank Bhd (HLIB Research) also said that it was “overall positive” on the acquisition which would allow YTL Power to strategically consolidate Ranhill Utilities’ operations (water and LSS) which complements the group’s exist- ing business portfolio and derive potential synergies.

It added that the deal would also enable YTL Power to foray into the water utility business in Johor and LSS, complementing its strategic growth venture into data centre through YTL Data Centre Holdings Pte Ltd and YesCom-AI Data Centre.

“Moreover, we expect potential synergistic benefits to integrate Ranhill Utilities into YTL Power’s diversified portfolio of businesses while also leveraging YTL Power’s UK Wessex Water expertise.


Ranhill Utilities has also recently achieved commercialisation of its 50MW LSS under LSS4 programme with 25 years power purchase agreement,” HLIB Research said.

It has a ‘Buy’ call with an unchanged TP of RM7.45.

RHB Investment Bank Bhd (RHB Research), which has a ‘Buy’ call with a TP of RM6.68, said it believed the stake increase in Ranhill Utilities was a strategic move for YTL Power to complement its portfolio while strengthening its footprint in Johor given its ambitious data centre

development. It said that while it expected muted near-term impact, it saw potential synergies in the longer run.

“We believe it could be a strategic fit for YTL Power given its experience in both water treatment and power generation. This will further strengthen its footprint in Johor, where the company is also developing data centres and solar parks.


As such, we expect synergies in the long run despite near-term earnings impact being rather insignificant given Ranhill Utilities is estimated to generate a net profit of RM47-RM55 million in financial year 2024 (FY24F) to FY26F,” HLIB Research said.

Moving forward, it believed that PowerSeraya’s earnings moderation would be largely anchored by Wessex Water’s earnings recovery.

Hamdan Making Exit
The move would see Hamdan cashing out from Ranhill Utilities. He started his career as a structural engineer at the engineering consulting firm of Rankine & Hill Pty Ltd in Perth, Western Australia, and subsequently at Ranhill Bersekutu Sdn Bhd (RBSB) in 1981.

After a sabbatical leave in 1985 to pursue his Master’s degree, Hamdan returned to Malaysia and was appointed as director of RBSB in 1988 and eventually became president/CEO of RBSB in 1995.

In November 2000, he became ED and president/CEO of Ranhill Bhd where he spearheaded the group’s expansion from an engineering and consulting-based firm to a full-fledged organisation that engineers, constructs, owns and operates facilities in diverse segments including the infrastructure, environment, power, and oil and gas segments. — TMR



YTL Green Data Center Park launches in Johor, the First Integrated Data Center Park Powered by Solar Energy in Malaysia
April 21, 2022


Follows acquisition of a hyperscale data center in Singapore, to support customers’ growing needs for data center services in the region.

Digital render of YTL DC: The above image is the artist’s impression of the development and cannot be regarded as representation of fact.




Singapore, 21 April 2022 – YTL Power International Berhad (“YTL Power”), through its subsidiary YTL Data Center Holdings Pte. Ltd. (“YTL DC”) today announced the development of a 500MW data center campus in Johor, the first data center park in Malaysia to be powered by solar energy.

Located 30km from Singapore in the Iskandar region of Johor, the YTL Green Data Center Park will offer diversity in power and connectivity on a large industrial site, of which 275 acres will be dedicated towards data center development. This provides excellent opportunities for customers seeking green data centers to meet their needs.

Works have started on the first 72MW data center, which is expected to be in service by Q1 2024 with more in the pipeline.

Dato’ Yeoh Seok Hong, Managing Director of YTL Power notes that, “With the development of the YTL Green Data Center Park, we are driving the expansion of our infrastructure platform to the digital age by combining our expertise in renewable energy, property development, telecommunications and data centers. This project will be the flagship of our integrated data center vision to serve our customers in the wider Singapore region, and a catalyst for our regional expansion in this space.”

Through this project, YTL will leverage on its long-standing expertise in building infrastructure, offering end-to-end solutions to clients and partners. Future plans for YTL DC include utilising the Group’s expertise in renewable energy, telecommunications and construction to develop new data center campuses across Southeast Asian countries like Thailand, Philippines, Indonesia and Vietnam.

Notably, the YTL Green DC Park will have dark fibre connectivity to Singapore, due to its close proximity with the country. This benefits companies with operations in Singapore looking to expand, complement and optimise their data center processes. Dark fibre connectivity will provide direct and ultra-low latency network connections to data centers in Singapore and other locations in Malaysia.

Last December, YTL DC announced its acquisition of Dodid Pte. Ltd. (“Dodid”), owner of a 12.5MW, Tier-III data center in Singapore spanning 42,000 sq ft.

In addition, works are underway to expand and upgrade the Group’s 5MW Data Center facility in Sentul, Kuala Lumpur to Tier-III standards, offering customers a strategically located site in the heart of Kuala Lumpur with close proximity to key internet exchange hubs.