PRIVASIA Unit Gets MITI Nod For DC Project (The Star : 06/10/26)

Oct 06, 2026

KUALA LUMPUR: PRIVASIA Technology Bhd ’s indirect wholly-owned subsidiary, SILVER STREAMS Technofarm Sdn Bhd (SSTF), has received approval from the Investment, Trade and Industry Ministry (MITI) to develop a data centre (DC) project in Bagan Datuk, Perak.

In a filing with Bursa Malaysia, PRIVASIA said MITI, via a letter dated Sept 7, 2026, approved SSTF’s application for the development of the project.

“The approval granted by MITI is subject to standard regulatory terms and conditions, which include the requirement to secure an off-grid energy supply with a maximum demand of 50 megawatts.

“This must be in compliance with applicable guidelines, policies and renewable energy frameworks set by the Energy Commission and relevant authorities,” it said. — Bernama

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The Star - Corporate News
06 OCT 2026

BUSINESS HIGHLIGHTS

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PRIVASIA Unit Gets MITI Nod For DC Project (The Star : 06/10/26)

Oct 06, 2026

PRIVASIA Technology Bhd's indirect wholly-owned subsidiary, SILVER STREAMS Technofarm Sdn Bhd (SSTF), has received approval from the Investment, Trade and Industry Ministry (MITI) to develop a data centre (DC) project...

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Timbalan Perdana Menteri, Datuk Seri Dr Ahmad Zahid Hamidi, berkata pembangunan itu turut membuktikan sinergi dan usaha sama strategik antara kerajaan serta swasta yang memberi manfaat kepada Perak dan keseluruhan...

Mara teams up with PRIVASIA to develop data centre in Bagan Datuk, Perak (The EDGE : 11 Dec 2024)

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Mara Inc and ACE Market-listed PRIVASIA Technology Bhd, a business process outsourcing company, are teaming up to develop and operate a data centre in Bagan Datuk, Perak.

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