• DSSA allocates USD 300M to build data center
SM+, a digital infrastructure and services subsidiary of DSSA, together with its joint venture
partner, Korea Investment Real Asset Management (KIRA), today officially laid the
groundwork for SMX01, an AI-ready and connectivity data center in Jakarta’s Central
Business District. The facility is an investment of over USD 300M and is being developed in
partnership with LG Sinar Mas as technology advisor and operator, leveraging its team’s
experience in operating and developing over 600 MW of data center capacity in Korea. SMX01
is targeted to operate in 2H26. Later, this data center will meet the demand for digital
infrastructure in Southeast Asia, the value of which is projected to reach around USD 1T by 2030. With a data hall white space area of almost 15,500 sqm, SMX01 is a data center designed
to meet various customer needs, from enterprise businesses to global hyperscale companies
with an infrastructure that supports up to 2,400 racks divided into nine data halls. Each data
hall can accommodate up to 340 racks and can be customized to meet various data center
demands, including colocation services, hyper scale that requires racks with high power
density, and other emerging data center utilization such as Artificial Intelligence (AI) and
machine learning applications. With an initial capacity of 18 MW, which can be increased to
60 MW, SMX01 will be equipped with key features. First, support for high-power density racks
of up to 130 KW per rack. Second, the latest air-cooling technology and advanced liquid
cooling systems on demand. Third, a variety of choices of leading internet providers in
Indonesia through several fiber lines. (SWA)
• MPXL allocates IDR 100B capex FY25
MPX Logistics International (MPXL) targets revenue of IDR 255.91B (+27.52% yoy), of which
IDR 111.70B will be from the material business, IDR 139.53B from expedition services, and IDR
4.68B from heavy equipment rental. Meanwhile, MPXL is targeting a net profit of IDR 22.42B
in 2025 (+68.82% yoy). MPXL also diversified into the domestic sea transportation business
segment for general and special goods. To facilitate this action, on 5 Feb 25, MPXL established
a subsidiary called MPX Maritim Nusantara. Simultaneously, MPXL is also targeting business
expansion into coal mining transportation and heavy equipment rental. As part of this
strategy, MPXL has prepared a capex of IDR 100B. Part of MPXL’s capex budget will be
supported by bank loans. MPXL’s capex this year will be used to purchase trucks and barges.
MPXL targets to add up to 40 trucks and buy one barge. (Kontan)
• NISP will buyback shares worth IDR 800M
Bank OCBC NISP (NISP) has re-announced its plan to buy back shares with an estimated
maximum cost of IDR 800M and will request for approval at the Annual General Meeting of
Shareholders (AGM) on 20 mar 25. Furthermore, the number of shares of the company that
will be bought back is 0.002% of the total shares that have been issued and fully paid or
equivalent to 390,000 shares. According to OCBC management, the share buyback will be
completed within a maximum of 12 months after the March 20th AGM approves the agenda.
The share buyback is carried out by the company in order to provide variable remuneration
for the 2024 performance to the company’s management and employees. The company
ensures that the source of funds to be used for the implementation of the share buyback will
fully use the company’s internal funds and will not have a material negative impact on the
bank’s business activities. (Bisnis Indonesia)
