The Pulse
DayOne Adds RM15 Billion for Johor Data Center Buildout
DayOne has arranged RM15 billion in new financing from seven banks for its data center platform in Johor, Malaysia. The package includes a US$2.4 billion term loan and a RM5.5 billion Murabahah facility, bringing its financing platform to R
AI.info Team · Written with AI ·
Seven banks are backing DayOne’s next Johor data center expansion with RM15 billion in new financing, but the announcement describes funding—not a specific number of new megawatts or a delivery schedule. The deal, announced on 13 October, adds capital for infrastructure expected to serve demand for cloud computing, artificial intelligence and digital services. DayOne and the lenders have not said how much of the financing will support AI workloads in particular.
Two facilities make up the RM15 billion package
The new financing comprises a US$2.4 billion offshore term loan and a RM5.5 billion Murabahah facility. The lenders put the combined package at RM15 billion, or about US$3.67 billion. It brings the financing platform for DayOne’s Johor development to RM30 billion when counted alongside RM15 billion secured in 2025.
CIMB, Crédit Agricole CIB, DBS, Maybank, OCBC, Standard Chartered and UOB arranged the deal as mandated lead arrangers, bookrunners and joint coordinators. Their joint financing ties banks from Malaysia, Singapore, France and the United Kingdom to the expansion of a major data center platform in southern Malaysia. The announcement does not disclose individual lender commitments or further loan terms.
AI demand is the rationale, not a capacity forecast
UOB said the new funds will finance the next phase of capacity development across DayOne’s platform. Its release cites growing demand for AI alongside cloud computing and digital services, and says the financing will support continued infrastructure development in Johor. It does not identify a particular AI customer, workload, facility, or power requirement tied to the funds.
That distinction matters: a financing commitment can fund construction, but it does not by itself establish how much computing capacity will come online or when. The lenders’ announcement gives no project-by-project breakdown, completion dates or capacity figures for the expansion. Readers therefore get a substantial funding total, but not a direct measure of the additional compute it will buy.
“As DayOne's primary relationship bank, UOB is supporting the infrastructure that will underpin ASEAN's next phase of growth.”
Edmund Leong, Head of Group Corporate Banking, UOB. UOB announcement
Johor gets another large infrastructure commitment
UOB describes Johor as a growing regional destination for data center investment, pointing to connectivity, infrastructure, talent access and proximity to markets. DayOne says it has operated since 2022 and now has a presence in Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong, Finland and Spain. The new loan is directed at continued development of its Johor platform, not a newly announced facility elsewhere.
The immediate result is a larger pool of committed financing for DayOne’s Malaysian buildout: RM15 billion in additional facilities and RM30 billion across the two financing rounds. Whether that capital translates into a measurable increase in AI capacity will depend on the projects it funds and the capacity they ultimately deliver—details the announcement does not provide.