KEPPEL DC Reit : AJBU -9.13%’s wholly owned subsidiary in China, KDCR Guangdong, issued a letter of demand on Friday (Dec 15) to its tenant of three Guangdong data centres (DC) to recover 48.3 million yuan (S$9.1 million) of owed rentals and related expenses.
The Reit’s China unit also requested the tenant, Guangdong Bluesea Data Development, to top up security deposits of 32.2 million yuan.
The manager noted that KDCR Guangdong has been in “close discussion” with Bluesea, who paid the instalments up to October, but failed to make the payment due in the end of November.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.