Riding the digital wave

Demand for data centre space has seen an exponential growth, and Keppel T&T has not changed its IPO plans.

WITH or without the data centre real estate investment trust (Reit), the newly-appointed chief executive officer of Keppel Telecommunications and Transport (Keppel T&T), Thomas Pang, is confident that its data centre business is well-positioned to ride the demand wave for data centre space, driven by recent advancements and proliferation of the Internet economy.

But the plan for the data centre trust's initial public offering (IPO) "has not changed", he said, adding that the company will make an announcement in the event of any material development.

This was in response to The Business Times' query on updates for Keppel T&T's data centre trust IPO on the main board of the Singapore Exchange (SGX),...

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