Technology

Mah Sing launches Mah Sing DC Hub@ Southville City with Bridge Data Centres

Published

2 years ago

May 30, 2024

KUALA LUMPUR, Malaysia, May 30, 2024 /PRNewswire/ — Bursa Malaysia listed developer Mah Sing Group Berhad (MAHS.KL 8583) has made a significant leap into the data centre sector with the launch of Mah Sing DC Hub@Southville City. The project’s first partner is Bridge Data Centres (BDC), a company primarily owned by Bain Capital. The momentous occasion was witnessed by the Deputy Prime Minister of Malaysia cum Minister of Energy Transition and Water Transformation (PETRA), Yang Amat Berhormat Dato Sri Haji Fadillah bin Haji Yusof at the signing of a landmark collaboration agreement between Mah Sing and BDC.

Mah Sing Group has earmarked 150acres of land bank at Southville City for further expansion into a leading Data Centre Hub with planned capacity of up to 500MW. While this is Mah Sing’s initial venture into the data centre sector, the collaboration with BDC on the initial 17.55 acres of land for a data centre with planned capacity of up to 100MW is just the beginning. Mah Sing envisions Mah Sing DC Hub@ Southville City as a holistic digital infrastructure ecosystem, meticulously designed to accommodate the demands of AI, hyperscale, retail, and enterprise service providers. This state-of-the-art facility is specifically engineered to support cutting-edge applications like AI computation and large-scale data storage. Consequently, Mah Sing DC Hub is poised to attract a diverse clientele, including leading technology corporations, telecommunication giants, and prominent financial institutions. This strategic move underscores Mah Sing’s commitment to enhancing Malaysia’s digital infrastructure, further driving technological innovation and economic growth in the region.

The collaboration agreement was signed by Benjamin Ong, Mah Sing’s Property Subsidiaries CEO and Eric Fan, President Bridge Data Centres, witnessed by Y.A.B Dato’ Sri Haji Fadillah Yusof, Malaysia’s Deputy Prime Minister cum Minister of Energy Transition and Water Transformation (PETRA), Tan Sri Dato‘ Sri Leong Hoy Kum, Mah Sing’s Founder and Group Managing Director and Patrick Png, BDC’s VP of Solutions, APAC.

For this first partnership, Mah Sing will contribute and reserve 17.55 acres land for this data centre with planned capacity of up to 100MW. This partnership will design and develop the data centre facilities and infrastructure, including securing necessary approvals and planning permission. Strategically located just 19 kilometres from Kuala Lumpur City Centre, Southville City is a mature township with the essential infrastructure to support this major development.

Mah Sing DC Hub@Southville City is less than 50km from Telekom Malaysia’s (TM) upcoming new cable landing station in Morib, Selangor for the SEA-ME-WE-6 submarine cable system which will provide TM with one of the lowest latency routes connecting Malaysia with the rest of the world. With this proximity, Mah Sing DC Hub@Southville City will be able to provide dark fiber network for the data centre hub. Expected to be completed in the first quarter of 2025, TM’s Morib landing station will be a key landing site for Malaysia. Mah Sing DC Hub@Southville City’s locational advantage is compounded by the 20km proximity to the existing data centre hubs of both Cyberjaya and Bukit Jalil, creating a strategic triangle of data centre hubs.

Deputy Prime Minister Dato’ Sri Fadillah Yusof praised the venture stating, “This joint venture initiative between Mah Sing and BDC aligns with Malaysia’s digital transformation agenda and economic growth, reinforcing the nation’s position as a prime location for data centre investment in the Asia Pacific region. It also reflects the strong confidence and trust that investors have in our strategic and supportive environment. The establishment of a cutting-edge data centre in Southville City will meet the growing demand for digital infrastructure, positioning Malaysia as the digital hub of ASEAN. Our government’s proactive policies and incentives, such as the establishment of a smart grid and the push for renewable energy, further strengthen this initiative. By fostering innovation and creating substantial economic opportunities, this project will accelerate our progress towards becoming a high-income nation and solidify our standing as a leading digital economy in the region.”

Eric Fan, President of Bridge Data Centres expressed confidence in the collaboration, “We are delighted that our expansion journey in Malaysia has yielded strong results due to the accelerated demand for quality and scalable data centres. We believe the comprehensive approach provided by Mah Sing will ensure that the data centre will meet all regulatory requirements and be built to the highest standards, facilitating the creation of a state-of-the-art data centre. With Southville City’s locational advantage for data centres, we are confident of end users’ interest. We can harness Malaysia’s superior infrastructure, skilled workforce, and prime geographic location to offer top-tier data centre services. This initiative not only boosts our operational capabilities but also highlights Malaysia’s increasing significance as a digital hub in the Asia Pacific region.”

Tan Sri Dato‘ Sri Leong Hoy Kum emphasising the strategic importance of the project said, “Southville City is an ideal location for a data centre hub, strategically positioned in a triangle with Bukit Jalil and Cyberjaya. This placement makes the region a central force in Malaysia’s digital transformation and technological advancement. This venture marks a strategic shift for Mah Sing, diversifying our revenue streams beyond property development which currently covers high-rise residences, townships, offices, retail spaces and an increasing focus on industrial projects. Entering the data centre market allows the Group to establish recurring income, crucial for a more resilient financial foundation amidst market fluctuations. This emphasis on expanding recurring income aims to build a sustainable and recession-resistant business model, mitigating risks associated with property development cyclicality. Beyond Southville City, Mah Sing’s other landbanks, such as MSS Business Park in Sepang, Selangor, which is also close to TM’s upcoming new cable landing station in Morib, present potential for similar data centre collaborations. This expansion underscores our commitment to leveraging our assets for long-term growth and recurring income opportunities. “As we continue to innovate in property development and expanding our footprint in the data centre industry, we are exploring the immense opportunity of artificial intelligence and IOT to enhance our business and deliver value to our stakeholders.”

Southville City: A Prime Location for Data Centres

Southville City, a 428-acre integrated freehold township, is poised to become a preferred destination for data centres. With reliable power supply, water, and fiber connectivity, Southville City is ideally situated for data centres. It can potentially form a strategic triangle of data centre hubs with Cyberjaya and Bukit Jalil which are both located approximately 20km from Southville City.

Southville City’s strategic position within Bangi, the Knowledge Hub of Selangor, ensures a steady supply of skilled talent from nearby government training centres and educational institutions, facilitating the smooth integration of new data centre initiatives and businesses into a thriving ecosystem. Southville offers excellent connectivity with direct access to the North-South Expressway and proximity to Kuala Lumpur and mature neighborhoods like Kajang and Putrajaya. This vibrant real estate landscape underscores Southville City’s potential as a hub for high-tech infrastructure, meeting the evolving demands of the digital era.

The collaboration between Mah Sing and Bridge Data Centres not only elevates Southville City’s profile as a modern, technologically advanced hub but also signifies a pivotal moment in Malaysia’s digital economy journey. This partnership will attract further investments, create job opportunities, and drive the overall growth of Southville City as a vibrant high-tech and business centre.

For more information and enquiries about Mah Sing DC Hub@Southville City, kindly email: MSDC@mahsing.com.my.

About Mah Sing Group Berhad

Listed on Bursa Malaysia in 1992 through its plastic manufacturing arm, Mah Sing ventured into property development in 1994 and was then reclassified from industrial to the property sector. Mah Sing successfully built a strong presence in the property sector, with high-rise residences, townships, offices, retail spaces and industrial projects. The Group is known for its fast turnaround business model which enables it to swiftly progress across projects – from land acquisition, development, completion and handover to customers.

Recognized as Malaysia’s “King of Urban Residential Projects,” Mah Sing boasts a portfolio of 58 projects spanning a total landbank of [5,341 acres], with a substantial gross development value (GDV) of [RM58.6 billion] as at May 2024.

Mah Sing’s commitment to environmental, social, and governance (ESG) principles has earned it a place in the FTSE4Good Bursa Malaysia Sustainability Index since June 2021. It is rated 4 Stars, placing them amongst the top 25% of companies on the FBM EMAS index in 2023, reflecting its dedication to responsible corporate practices. Learn more at www.mahsing.com.my

About Bridge Data Centres

Established in 2017, Bridge Data Centres (BDC) is a leading global data centre service provider with data centres in Malaysia, India and Thailand. We provide ultra-large scale data centre solutions in Asia Pacific. Our mission is to deliver the highest level of speed, reliability and performance to our customers, with built-to-suit data centre services ranging from planning, design, construction to operations. We are committed to developing sustainable data centres that are carbon-neutral and powered by 100% renewable energy by 2040.

For more information, please visit bridgedatacentres.com/index.htm and follow BDC on LinkedIn at https://www.linkedin.com/company/bridgebdc/

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SOURCE Mah Sing Group Berhad

Technology

Air and Fathom5 Partner to Modernize Naval Fleet Readiness

Published

30 minutes ago

July 20, 2026

ARLINGTON, Va. and AUSTIN, Texas, July 20, 2026 /PRNewswire/ — Air, the leader in Enterprise Readiness, and Fathom5, a technology company dedicated to secure infrastructure for AI-powered machines, today announced a strategic partnership to transform the U.S. Navy’s maintenance, repair, and overhaul (MRO) capabilities.

The collaboration follows Fathom5’s selection as a winner in the Defense Innovation Unit’s NextMRO Prize Challenge Phase III, which aims to replace antiquated, siloed logistics frameworks with integrated, data-driven software. Fathom5 won based on its ability to transform real-world Navy data into intuitive, sailor-facing applications at the tactical edge.

To scale this solution for enterprise-wide Navy procurement, Fathom5 and Air are uniting Fathom5’s industry-leading, warship-deployed Condition-Based Maintenance AI with Air’s Enterprise Readiness platform. Air’s platform is purpose-built to close the “Readiness Gap”—the dangerous chasm between what the front line needs and what the enterprise delivers. It fuses predictive analytics, supply chain visibility, and repair cycle forecasting into a unified system that operates across Organizational, Intermediate, and Depot maintenance.

Together, the companies will address the Navy’s most critical sustainment vulnerabilities with the ability to:

Eliminate data silos and provide a single, authoritative source of truth.Use natural language to query technical manuals, analyze parts availability, proactively forecast issues, and identify alternative vendors in seconds, andAllow forward-deployed Sailors to execute work orders offline in Degraded, Denied, Intermittent, and Limited (DDIL) environments.

Proven Defense Impact

Air brings a successful track record of optimization across the Department of War. In recent sustainment operations, Air delivered a 99.6% reduction in part identification time, identifying replacement parts and suitable substitutes in minutes instead of days. By accelerating part allocation and replacing manual processes, the platform has saved commands hundreds of down days annually while sustaining 90% equipment readiness across echelons.

“This partnership will be pivotal as we work to close the Readiness Gap,” said Tara Murphy Dougherty, CEO of Air. “Together, Fathom5 and Air are uniquely positioned to accelerate Naval logistics by drastically shortening turnaround times, maximizing asset availability, and executing modern digital workflows at the speed of operational demand.”

“The future of naval readiness depends on giving Sailors the right information at the right time, wherever the mission takes them,” said Zac Staples, Founder and CEO of Fathom5. “By combining Fathom5’s AI-powered Condition-Based Maintenance capabilities with Air’s Enterprise Readiness platform, we’re helping transform maintenance from a reactive process into a predictive, data-driven advantage. Together, we’re enabling a more resilient fleet that can sustain operations in contested environments while keeping more ships mission-ready.”

About Fathom5

Fathom5, headquartered in Austin, Texas, develops secure digital infrastructure and advanced actuator technologies that strengthen the resilience and readiness of complex industrial systems. The company has achieved significant milestones, including delivering the first program-of-record artificial intelligence system deployed aboard a U.S. Navy warship and securing 17 patents across actuator technology and cybersecurity. Through its flagship Nsyte platform, Fathom5 provides secure edge infrastructure for maintenance and readiness applications, enabling advanced analytics and actionable insights at the point of need. For more information, please visit www.fathom5.com.

About Air

Air, formerly Govini, created Enterprise Readiness, a new category of AI-native systems that close the Readiness Gap, the dangerous chasm between what the front line needs and what the national security enterprise can deliver. Air Enterprise Readiness platform aligns development, production, delivery, and sustainment into one coordinated execution system, revealing true capacity, exposing real constraints, coordinating critical resources, and executing at the speed of operational demands.The result: the national security enterprise has what it needs to succeed. For more information on Air and the Enterprise Readiness platform, visit www.air.ai.

Media Contacts

Fathom5: coleman@zilkermedia.com

Air: media@air.ai and air@weareinvariant.com

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SOURCE Air

Technology

DoubleLine Paper: Honebuto Shock: Japan Courts a Truss-Like Redux

Published

30 minutes ago

July 20, 2026

TAMPA, Fla., July 20, 2026 /PRNewswire/ — Sell-offs in Japanese Government Bonds (JGBs) and the yen have put Japanese Prime Minister Sanae Takaichi on notice, a DoubleLine paper argues, that Japan’s creditors have little tolerance for her government’s unorthodox proposal for a mixture of unfunded fiscal expansion with docile central-banking.

Surveying the “Honebuto shock,” so-named after debt-and-yen sell-off following Tokyo’s annual fiscal policy statement, Bill Campbell, head of the DoubleLine’s Global Sovereign & Emerging Markets team, sees parallels to the gilts and British pound revolt over a 2022 proposal for unfunded fiscal expansion by U.K. Prime Minister Liz Truss that swiftly brought down her government.

“Having committed to more than 370 trillion yen of public-private investment through fiscal 2040, the government is calling for monetary policy “in coordination with” that growth agenda,” Mr. Campbell writes. “In the eyes of the financial markets, this demand for the subordination of monetary policy to a political platform only adds fuel to the fire beneath a central bank already under criticism for what critics deem an overly cautious rate-hiking path.”

Mr. Campbell warns, “The Takaichi government should not assume the JGB market, having found its voice, will prove more patient than the gilts market that laid low the Truss government in 2022. In today’s inflationary climate, fiscal credibility is earned, not presumed – even in the G-7 countries. And a G-7 sovereign who embarks on unfunded fiscal expansion risks courting a buyers’ strike.”

The paper, titled “Honebuto Shock: Japan Courts a Truss-Like Redux,” is available here: https://doubleline.com/wp-content/uploads/DoubleLine_Honebuto-Truss-Redux_Campbell_071526.pdf

Mr. Campbell heads the Global Sovereign & Emerging Markets team at DoubleLine and serves as the lead Portfolio Manager for emerging markets and international fixed-income strategies. He is a permanent member of the firm’s Fixed Income Asset Allocation Committee. Mr. Campbell has written extensively in research papers and client briefings on evolving trends and episodic developments in global fixed income and currency markets. He holds a B.S. in Business Economics and International Business, as well as a B.A. in English, from Pennsylvania State University and an M.A. in Mathematics, with a focus on Mathematical Finance, from Boston University.

About the Global Sovereign & Emerging Markets Team

The Global Sovereign & Emerging Markets team at DoubleLine manages $XX billion in assets in sovereign debt, including U.S. Treasuries and non-U.S. sovereign issues, and corporate fixed income securities by issuers domiciled in ex-U.S. developed and emerging markets. The team comprises 14 investment professionals, including portfolio managers, analysts and traders.

About DoubleLine

DoubleLine Capital LP is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine’s offices can be reached by telephone at (813) 791-7333 or by email at info@doubleline.com. In addition to its headquarters in Tampa, Fla., and an office in Los Angeles, DoubleLine has offices in Dubai, London and Tokyo. Media can reach DoubleLine by email at media@doubleline.com.

DoubleLine® is a registered trademark of DoubleLine Capital LP.

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SOURCE DoubleLine

Technology

Signeasy expands beyond eSignatures with Intelligent Contract Management for growing businesses

Published

30 minutes ago

July 20, 2026

The platform combines eSignatures, AI-powered contract insights, renewal tracking, and a centralized contract repository to help businesses manage contracts from signature to renewal.

DALLAS, July 20, 2026 /PRNewswire/ — Signeasy today announced its Intelligent Contract Management platform, extending its product capabilities into every stage of the contract lifecycle. The platform gives Finance, Legal, Sales, HR, Procurement, and Operations teams one place to sign, manage, and get insights from every contract.

For most growing businesses, the real work starts after a contract is signed. Renewal dates, payment terms, obligations, and key clauses end up scattered across inboxes, shared drives, and spreadsheets. Without a large legal operations team, keeping track of them is manual, reactive work.

Signeasy’s Intelligent Contract Management platform closes this gap. It brings eSignatures, a contract repository, and contract intelligence into one platform.

“Contracts touch every part of a business — Finance, Legal, Sales, HR, Procurement, Operations — but the tools to effectively manage them have always been built for enterprise legal teams. We built Intelligent Contract Management so lean teams get the same contract visibility and intelligence as companies five times their size.”

— Sunil Patro, Founder & CEO, Signeasy

Signeasy’s Intelligent Contract Management platform includes:

Centralized Contract Repository: Store every executed contract in one searchable place — no digging through inboxes or shared drives.Conversational AI search: Ask questions about any contract in plain language, follow-up, and get answers with context instead of reviewing documents manually. Customer data is never used to train AI models.Key Term Extraction: Surface payment terms, renewal dates, obligations, and termination clauses instantly.Renewal Tracking and Alerts: Get automated reminders before contracts expire or auto-renew, so commitments never catch teams by surprise.Team Workspaces: Share visibility into contract status, with confidentiality controls for every team that touches contracts.eSignatures: Collect legally binding signatures from anywhere, on any device, and automate approval workflows to get contracts signed faster.

There’s no six-month implementation cycle. Businesses can bulk import existing contracts and onboard teams within hours with hands-on support from Signeasy.

Signeasy’s Intelligent Contract Management platform is available now. Visit www.signeasy.com to request a demo.

About Signeasy

Signeasy is an Intelligent Contract Management (ICM) platform built for growing businesses managing contracts across Finance, Legal, Sales, HR, Procurement, and Operations. Teams can prepare, sign, track, and manage contracts from one platform, with AI-powered workflows, integrations for Microsoft, Google, and HubSpot, and enterprise-grade security and compliance. Over 48,000 businesses globally use Signeasy to cut contract cycle times, reduce risk, accelerate revenue, and drive better business outcomes.

Media contact
Dhivya Venkatesan
Signeasy
Email: dhivyav@signeasy.com

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SOURCE Signeasy