Australia's NEXTDC looks to raise $419m to expedite Malaysia, New Zealand expansion

Australia's NEXTDC looks to raise $419m to expedite Malaysia, New Zealand expansion

Australia. Photo by Josh Withers on Unsplash

Australian data centre operator NEXTDC Ltd said on Thursday it was looking to raise about A$618 million ($419.19 million) through an entitlement offer to accelerate its expansion plans in Malaysia and New Zealand.