DPS Resources Unit Inks MoU With Hangyue For Melaka Data Centre Colocation
KUALA LUMPUR, Aug 7 (Bernama) -- DPS Resources Bhd’s wholly-owned subsidiary, Shantawood Sdn Bhd, has inked a memorandum of understanding (MoU) with Hangyue Intelligent Electrical Co. Ltd to establish a long-term strategic partnership in digital energy infrastructure, data centres, industrial development and related projects in Malaysia.
Hangyue is a provider of digital energy infrastructure specialising in power supply, distribution, system integration and the colocation of data centres.
Under the MoU, DPS Resources said Hangyue intends to leverage resources, network and capabilities to connect Chinese enterprises with investment opportunities in Malaysia, facilitate project promotion and business matchmaking, provide tailored digital energy solutions and facilitate the colocation of Chinese enterprises at Shantawood’s data centre facility.
“The proposed colocation arrangement is expected to be for a minimum tenancy term of 15 years at an indicative rental rate of approximately US$130 to US$230 per kilowatt (kW) per month, depending on the specific requirements of the prospective tenants and subject to the execution of definitive agreements,” said DPS Resources in a statement today.
Meanwhile, Shantawood will supply accurate legal and operational documentation, manage park investment, infrastructure and local government coordination, and assist in site selection and project implementation.
The wood-based manufacturing and rubberwood furniture company said it has received a state support letter from the chief minister of Melaka on July 30, 2026, and the application form, together with the relevant documents and support letter, has been submitted to the Data Centre Task Force as part of the application process.
It said the proposed collaboration also provides a broader platform for both parties to explore cooperation in key industrial areas, including electronics and semiconductor industries, digital energy and data centres, intelligent equipment and advanced manufacturing, as well as regional supply chain and corporate services.
DPS Resources group chairman and founder Tan Sri Sow Chin Chuan said through the proposed collaboration with Hangyue, the company aims to create a platform that connects Chinese enterprises with investment and colocation opportunities in Malaysia, while enhancing the value and utilisation of their assets in Bukit Rambai.
“The confirmation of power capacity, validation of water supply and support from the Melaka state government provide an encouraging foundation for us to progress discussions with potential partners and tenants.
“While the MoU remains non-binding at this stage, it allows both parties to explore commercial structures, technical requirements and potential long-term colocation arrangements in a disciplined manner,” he said.
DPS Resources expects the proposed collaboration to strengthen its data centre development pipeline and support its ambition to participate in Malaysia’s growing digital infrastructure ecosystem.
-- BERNAMA