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

The arrangements will see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, and develop a shared calculated partnership with IMM Investment Corp to expand Dreamline, a Korean telecom provider that keeps Dreammark1 as its subsidiary.

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

Internationally, Gaw Capital’s data centre portfolio comprises data centres in China, Indonesia, Japan, and currently South Korea. The private equity firm states that it will remain to seek out opportunities to expand its IDC existence in South Korea.

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According to an announcement on April 26 disclosing the bargain, Gaw Capital says that this alliance will certainly further grow the Dreamline telecom company and also marks the initial step for Gaw Capital to take advantage of the Korean IDC market.

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

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