KUALA LUMPUR (September 25): Neu Phygital Reserve Berhad, a leading Malaysian data center developer and a subsidiary of Nexgram Holdings Berhad, has signed a Head Investment Agreement (HIA) with an international business advisory firm (“DC-ADVISOR”) to develop data centers for hyperscale operators with offtake customers. The collaboration marks a significant milestone, setting the stage for two flagship projects under the Neu Nexus Data Centre (“NNDC”) brand.

NNDC is currently shortlisting partners, including data center operators, construction firms, and prospective customers in telecommunications, AI, and large-scale data mining services.