Vantage becomes Malaysia's largest data centre operator
GIC and ADIA back Vantage's acquisition of Yondr's 300MW Johor campus.
It's official: Vantage Data Centers will buy Yondr Group's 300MW data centre campus in Johor, making it the largest data centre operator in Malaysia. The news that Vantage has secured US$1.6B in investments and will buy Yondr Group's data centre came a week after Bloomberg broke the story of a potential acquisition.
JHB1 in Johor
Yondr Group's JHB1 Johor data centre campus in Sedenak Tech Park occupies 73 acres and will deliver 300MW of IT capacity across three data centres once fully developed.
The data centre is inside the Johor-Singapore Special Economic Zone, designed for AI workloads with direct-to-chip liquid cooling, and had its first 25MW handed over to an anchor tenant in June.
Work to complete the first data centre building is ongoing, with energisation reportedly targeted for early 2026, according to an unofficial source. In short, JHB1 is a modern, high-density campus with a hyperscaler tenant (reportedly Oracle) in a desirable location and partially delivered.
Largest operator in Malaysia
The completion of the purchase will tip Vantage's APAC data centre pipeline past 1GW, complementing its assets in Australia, Japan, Taiwan and Hong Kong. Crucially, it will be the largest data centre operator in Malaysia when all the builds are completed, surpassing AirTrunk and NTT.
Vantage currently has two adjacent data centre campuses in Cyberjaya, Malaysia, which will offer up to 287MW of capacity once fully built up. KUL1 offers 31MW, while KUL2 will deliver 256MW.
Together with JHB1, this will give Vantage a staggering 587MW of capacity in Malaysia. The company will hence be very well-positioned in Southeast Asia, which has some 700 million people or around 8.5% of the world's population.
The big picture
The other story might be the US$1.6B that Vantage secured from Singapore's GIC and the Abu Dhabi Investment Authority (ADIA). The GIC press release explicitly noted that "additional capital" from its investment will be "earmarked for further growth of Vantage's APAC platform."
The involvement of GIC and ADIA also signals continued institutional confidence in Southeast Asian data centres despite recent concerns about oversupply. So, will Vantage be looking at Thailand next? Given the explicit mention of "further growth" in GIC's statement, it seems likely.
