Malaysian data center firm AIMS Data Centre has acquired a 13-story purpose-built office building in Kuala Lumpur.

Petronas Twin Towers, Kuala Lumpur, Malaysia
– Wikipedia

Parent company TIME Dotcom Berhad this week announced AIMS has entered into a conditional sale and purchase agreement with KWSP, (the Malay Employees Provident Fund Board) for the Bangunan KWSP building in the capital city for RM 62 million ($14.8m).

AIMS offers colocation, managed services, and disaster recovery offerings from three data centers in Malaysia – one in Kuala Lumpur and two in Cyberjaya – and one in Bangkok, Thailand. On its website, the company lists plans for three more facilities in Vietnam.

TIME didn’t detail its plans for the building, completed in 1992, beyond saying it plans to expand its operational facilities.

“The proposed acquisition will enable TIME to increase space for expansion of operational facilities,” the company said in an announcement on the Bursa Malaysia stock exchange. “The management of TIME is of the view that Bangunan KWSP is in good condition to cater for such operational requirements.”

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