- ST Engineering is constructing its 4th data centre (DC) in Singapore with installed IT capacity of 7.5MW. The green, secure, AI-ready DC will boost ST Engineering’s DC footprint to > 30MW with a cumulative investment of S$400m.
- - Read this at SGinvestors.io -
Breaking ground for new data centre
- ST Engineering (SGX:S63) held a groundbreaking ceremony for its fourth data centre yesterday. The installed IT capacity is 7.5MW with a Power Usage Effectiveness (PUE) of 1.25. It is designed to accommodate high power density AI and GPU- based workloads in excess of 20KW per rack. It will also have advanced security features.
- - Read this at SGinvestors.io -
- The new DC can also go beyond a Tier 3 rating and meet BCA-IMDA Green Mark Platinum standards.
Strategic & financial merits
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Krishna Guha Maybank Research | https://www.maybank-ke.com.sg/ 2024-06-26
Read also Maybank's most recent report:
2024-11-19 ST Engineering - Taking A Breather; Downgrade To HOLD.
Previous report by Maybank:
2024-08-15 ST Engineering - Good Execution.
Price targets by 4 other brokers at ST Engineering Target Prices.
Listing of research reports at ST Engineering Analyst Reports.
Relevant links:
ST Engineering Share Price History,
ST Engineering Announcements,
ST Engineering Dividends & Corporate Actions,
ST Engineering News Articles
