Gaw Capital in partnership to tap into Korea Internet data centre market

Globally, Gaw Capital’s data centre portfolio comprises data centres in China, Indonesia, Japan, and also currently South Korea. The private equity firm states that it will certainly remain to look for opportunities to increase its IDC presence in South Korea.

Liv @ MB Bukit Sembawang Estates Limited

The agreements will see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, and establish a shared calculated collaboration with IMM Investment Corp to expand Dreamline, a Korean telecommunications service provider that handles Dreammark1 as its subsidiary.

According to a press release on April 26 revealing the offer, Gaw Capital claims that this collaboration will further broaden the Dreamline telecommunications business and notes the beginning for Gaw Capital to use the Korean IDC market.

Gaw Capital Partners has already authorized arrangements with IMM Investment Corp, a Korean personal equity firm, to use the Korea Internet data centre (IDC) market.

“The rising demand for data centres in Asia Pacific remains to grow due to enhanced Internet usage driven by the pandemic,” says Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.

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