Private equity firm KKR & Co has committed to investing $400 million in Malaysia’s OMS Group, a subsea telecommunications cable services provider.
The investment will be used to fuel OMS Group’s expansion, positioning the company well to accelerate its growth in the region. This marks KKR’s latest digital infrastructure investment in Southeast Asia.
Founded in 1988, OMS Group is a neutral provider of integrated services for submarine fibre-optic cable systems, including installation, procurement, and maintenance.
The tailored solution from KKR will help OMS Group to expand its services and infrastructure in the region, providing better connectivity for businesses and individuals alike.
This investment comes at a time when data consumption in Asia is rapidly increasing, and investors are looking for opportunities to invest in the region’s digital infrastructure.
With this investment, KKR is excited to support OMS Group’s growth and expansion in Malaysia and beyond, providing critical infrastructure for the region’s digital economy.
KKR’s Investment in OMS Group
KKR & Co. has committed to investing $400 million in Malaysia’s OMS Group, a leading subsea telecommunications cable services provider.
The strategic investment is expected to have a significant impact on Malaysia’s digital infrastructure and the Asia-Pacific region.
Impact on Malaysia’s Digital Infrastructure
OMS Group plays a crucial role in Malaysia’s digital infrastructure by providing neutral subsea telecommunications cable services.
With KKR’s investment, the company can expand its installation and maintenance capabilities to meet the growing demand for high-speed internet connectivity in the country.
This investment is expected to have a positive impact on the country’s economy by creating jobs and improving access to digital infrastructure.
The improved infrastructure will also enable businesses to operate more efficiently and compete in the global market.
The investment in OMS Group is part of KKR’s Asia Pacific Infrastructure Fund, which focuses on investing in diversified infrastructure assets across the region.
This investment is expected to strengthen the fund’s portfolio and provide long-term returns for its investors.
The investment also highlights KKR’s commitment to the Asia-Pacific region and its potential for growth.
With its strong track record in private equity fundraising, KKR is well-positioned to support the region’s infrastructure development.
Overall, KKR’s investment in OMS Group is an exciting development for Malaysia’s digital infrastructure and the Asia-Pacific region. It is expected to provide significant benefits for businesses and consumers alike, while also generating long-term returns for KKR’s investors.
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