Malaysia's Key ASIC and Hong Kong's CT Vision sign an MOU for a 300 megawatt AI data centre
The AI stack on 4 September 2026. 4 moves, 2 with a primary source.
Malaysia's Key ASIC and Hong Kong's CT Vision sign an MOU for a 300 megawatt AI data centre
· L1 Power and land · about 300MW IT load; at least 50% green energy; PUE cap 1.20 · Reported
Key ASIC Bhd, a Malaysian company, told the stock exchange it has signed a memorandum of understanding with CT Vision, a Hong Kong listed firm, to build a data centre in Malaysia targeting about 300 megawatts of IT load within five years of starting operations, with at least 50 percent of its energy from green sources and a power usage effectiveness of no more than 1.20. The MOU runs an initial ten years. Key ASIC cautioned that there is no assurance all aspects of the project will be implemented as contemplated, because the detailed commercial and technical terms sit in separate agreements still to come. This desk could not reach Bursa Malaysia's own filing page, which returned an access error, so the item runs as Reported on The Star's reproduction of the filing. Malaysia now sits alongside Johor's existing cluster as a place where Singapore-adjacent AI capacity keeps landing, and this one is being pitched on green power rather than price alone.
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