Tag: finance

DayOne Data Centers Announces Final Closing of its Series C Equity Financing at US$4.5 Billion

SINGAPORE, June 5 -- DayOne Data Centers Limited ("DayOne"), a Singapore-headquartered global digital infrastructure platform, today announced the final closing of its Series C equity financing with total gross proceeds of US$4.5 billion. The Series C round was led by existing investors Coatue and Hillhouse, now DayOne's two largest shareholders, with participation from notable new investors including the Indonesia Investment Authority (INA) and Achi Capital Partners. Since its inception in 2022, DayOne has secured more than 1.5 gigawatts (GW) of total bookings for capacity in Asia Pacific and Europe, making it one of the largest and fastest-growing international digital infrastructure platforms. The Series C equity financing is expected to enable DayOne to accelerate its expansion in key markets including Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, Finland and Spain. DayOne may continue to consider additional equity and debt financing options in the private and public markets, subject to its funding needs, market conditions and other considerations. About DayOne Data Centers DayOne Data Centers Limited ("DayOne") is a Singapore-headquartered global digital infrastructure platform that develops and operates next-generation data centers, with a footprint across markets in Asia Pacific and Europe. Trusted by leading global hyperscalers and enterprises, DayOne designs, builds and operates high-capacity, AI-ready campuses with speed, scale and reliability. Powered by its proprietary integrated delivery model and proven track record of pioneering and scaling new markets, DayOne unlocks strategic capacity to meet accelerating critical infrastructure demands. Established in 2022, DayOne has data center campuses in operation or under development in Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, Finland and Spain. For more information, visit dayonedc.com. Important Notice This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of DayOne or any other entities. This press release contains forward-looking statements within the meaning of applicable securities laws, including statements about DayOne's or certain of its investors' beliefs and expectations regarding DayOne's business, operations and prospects. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. -- PRNewswire -- Source: DayOne Data Centers Limited

SINGAPORE, June 5 — DayOne Data Centers Limited (“DayOne”), a Singapore-headquartered global digital infrastructure platform, today announced the final closing of its Series C equity financing with total gross proceeds of US$4.5 billion. The Series C round was led by existing investors Coatue and Hillhouse, now DayOne’s two largest shareholders, with participation from notable new […]

KUSKOP Financing Agencies Go To The Ground To Reach MSMEs, In Line With PM’s Call – Sim

GEORGE TOWN, May 24 -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is mobilising four of its financing agencies to go to the ground and engage micro, small and medium enterprises (MSMEs) by providing advisory services and direct financing assistance. Its Minister, Steven Sim, said the four agencies are the National Entrepreneur Group Economic Fund (TEKUN Nasional), Amanah Ikhtiar Malaysia (AIM), SME Bank and Bank Rakyat, which are regularly deployed, including during the nationwide KUSKOP MADANI Sales programme. He said the move is also in line with Prime Minister Datuk Seri Anwar Ibrahim’s call for microcredit agencies to be more proactive in reaching out to the public and entrepreneurs. “We always go to the ground, provide face-to-face advisory services, and, if anyone is interested in registering with complete documents, they can apply on the spot. “So, we do not wait for customers to come to the office. Instead, we seek out customers, entrepreneurs and petty traders to provide assistance to them,” he told reporters after officiating the Family Day Carnival held in conjunction with the Sungai Pinang state constituency KUSKOP MADANI Sales programme today. Also present was chairman of the state Social Development, Welfare and Non-Muslim Affairs Committee Lim Siew Khim, who is also the Sungai Pinang assemblywoman. Yesterday, Anwar called on relevant agencies to intensify efforts to go to the ground and provide information to small and medium enterprises (SMEs) on financing facilities and assistance offered by the government. The Finance Minister said this was important to ensure the group does not miss out on various initiatives specifically designed to help increase income and expand businesses. Meanwhile, Sim said KUSKOP is always open to discussions with MSMEs facing cash flow problems or affected by economic crisis and disasters. He said this includes assistance through moratoriums and loan repayment rescheduling, which are part of the ministry’s efforts to support MSMEs. According to him, the non-performing loan (NPL) rate involving financing agencies under KUSKOP has also shown improvement over the past one to two years, with fewer borrowers defaulting on repayments. -- BERNAMA

GEORGE TOWN, May 24 — The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is mobilising four of its financing agencies to go to the ground and engage micro, small and medium enterprises (MSMEs) by providing advisory services and direct financing assistance. Its Minister, Steven Sim, said the four agencies are the National Entrepreneur Group Economic […]

Medical Tourism Sector Continues To See Growing Demand – Amir Hamzah

GEORGE TOWN, May 18– Malaysia continues to strengthen its position as a competitive medical tourism destination, supported by growing demand from foreign patients seeking quality and reasonably priced healthcare services. Finance Minister II Datuk Seri Amir Hamzah Azizan said private hospitals in Penang, Johor and the Klang Valley continued to attract foreign patients, reflecting Malaysia’s […]

Probe Focuses On Procedures, Not Finances – Rafizi

PUTRAJAYA, May 6 -- Former Economy Minister Datuk Seri Rafizi Ramli said investigations into him have so far centred on procedural matters rather than financial transactions in relation to the RM1.1 billion investment linked to a semiconductor deal between the Ministry of Economy and a UK-based company, Arm Holdings. Speaking to reporters outside the Malaysian Anti-Corruption Commission (MACC) headquarters today, he said no questions during his statement recording touched on money flows or payments, contrary to earlier claims. “There were no questions on financial transactions. As I’ve said, the questions so far have been about joint venture decisions and procedures,” he said. Rafizi arrived at the MACC headquarters at 1.50 pm to continue giving his statement for a third day, assisting investigations into alleged abuse of power and misappropriation linked to the semiconductor deal. The MACC opened its investigation on Feb 16 following complaints from several non-governmental organisations alleging the deal was rushed and skewed, potentially resulting in financial implications for the government. -- BERNAMA

PUTRAJAYA, May 6 — Former Economy Minister Datuk Seri Rafizi Ramli said investigations into him have so far centred on procedural matters rather than financial transactions in relation to the RM1.1 billion investment linked to a semiconductor deal between the Ministry of Economy and a UK-based company, Arm Holdings. Speaking to reporters outside the Malaysian […]

BANK OF AMERICA REPORTS FIRST-QUARTER 2026 FINANCIAL RESULTS

CHARLOTTE, N.C., April 16 -- Bank of America has released its financial results for the first quarter of 2026, providing investors with detailed disclosures through its Investor Relations platform and regulatory filings yesterday. The company published its earnings release, supplemental financial information, and investor presentation on its official Investor Relations website. In addition, a Form 8-K containing the quarterly results has been filed with the U.S. Securities and Exchange Commission. Chair and CEO Brian Moynihan, alongside Chief Financial Officer Alastair Borthwick, is scheduled to discuss the results during an investor conference call held at 8:30 a.m. ET. The session includes a live audio webcast and presentation slides accessible via the company’s website, with replay options available through April 24. Bank of America remains one of the world’s largest financial institutions, serving nearly 70 million clients globally. The bank operates approximately 3,500 retail financial centers and around 15,000 ATMs across the United States, supported by a rapidly growing digital platform with approximately 59 million verified users. The company continues to maintain a strong presence in wealth management, corporate and investment banking, and global markets, serving corporations, governments, institutions, and individual clients in more than 35 countries. Its stock is listed on the New York Stock Exchange under the ticker symbol BAC. Further updates, including dividend announcements and corporate developments, are available through the company’s newsroom and investor communications channels. /PRNewswire/

CHARLOTTE, N.C., April 16 — Bank of America has released its financial results for the first quarter of 2026, providing investors with detailed disclosures through its Investor Relations platform and regulatory filings yesterday. The company published its earnings release, supplemental financial information, and investor presentation on its official Investor Relations website. In addition, a Form […]