Keppel DC Singapore 1 starts legal suit against DXC over payment default
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
KEPPEL DC Singapore 1 (KDC), the master lessee at one of Keppel DC Reit's data centres, has commenced legal proceedings against DXC Technology Services Singapore (DXC) over the latter's partial default of payment in relation to co-location services provided at the centre.
The amount being disputed is approximately S$14.8 million for the 4-year period between Apr 1, 2021, and Mar 31, 2025, the real estate investment trust (Reit) manager said in a bourse filing on Monday (Mar 21).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance