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Two bidders said to be eyeing TIME's AIMS Data Centre

TWO interested parties have their eye on AIMS Data Centre, the prized asset of TIME dotCom Bhd, sources tell The Edge. They are US-based private equity firm KKR & Co Inc, also known as Kohlberg Kravis Roberts & Co, and Singapore-based private investment firm Tower Capital Asia, the sources say. Talk about a potential sale of the data centre was first reported in March this year, with the potential value pegged at US$500 million (RM2.2 billion) to US$600 million. When contacted, both TIME dotCom and KKR were tight-lipped on the matter. ....

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