The target of gds holdings (09698) is to achieve up to 50% of the 1GW additional capacity that may be released by the Malaysian government in 2025.
According to the Zhitong Finance app, Nomura released a research report stating that gds holdings (09698) is seeking opportunities in both the supply and demand sides of the Southeast Asian market while deleveraging its business in the Chinese market. In terms of business in the Southeast Asian market, gds holdings currently has a capacity of approximately 800MW, with 700MW in the state of Johor, and has already sold approximately 400MV.
Meanwhile, gds holdings is still seeking further government restrictions on production capacity in the future. The management mentioned that by 2025, Malaysia's total capacity may reach 2.5GW. Gds holdings has obtained 700MW from the existing 1.5GW released by the government, and its goal is to achieve up to 50% of the 1GW additional capacity that may be released by the Malaysian government in 2025.
