AIZO Group has clarified over an article that questioned the discrepancies of the memorandum of understanding for a data centre park project in Sarawak it had signed recently.
In response, the group said the article contains information that requires correction to ensure clarity and accuracy regarding its role and the project details associated with the recent Memorandum of Understanding (MoU) signing with Netrunner Sdn Bhd for the proposed Tier 4 Data Center Park project in Sarawak.
The clarification entails on share capital of Netrunner having paid-up capital of RM100, citing information from the Companies Commission of Malaysia's website. however it added that in actual fact the actual issued share capital is RM500,000, not RM100 as reported.
As for the group's role in the project, will primarily involve in providing infrastructure support, including the development of clean energy solutions and water treatment facilities to ensure the sustainability of the data centers' operations for the data center, which aligns with its expertise in civil engineering and infrastructure development.
It also stated that its role in the project is focused on providing infrastructure support and sourcing for clients as mentioned in the article.