Core Insights - Mobile-health Network Solutions (MNDR) has signed a Memorandum of Understanding (MOU) with PPG PP GRID SDN. BHD. for the acquisition of two AI-optimized data centers in Sarawak, Malaysia, aimed at expanding its AI digital health platform [1][2] Group 1: Acquisition Details - The data centers include a 25MW facility expected to be completed by Q3 2027, with potential early activation before Q4 2026, and a 150MW facility targeted for completion by year-end 2028 [2] - MNDR is expected to issue compensation to PPG valued at up to US$120 million, which may be satisfied through the staged issuance of a maximum of three million Class A ordinary shares at an agreed valuation of US$40 per share [2][3] Group 2: Strategic Importance - The acquisition is seen as a key element for MNDR's global expansion and scaling of its AI-powered health ecosystem, allowing for significant reductions in long-term operational costs [4] - The data centers will also support the global launch of new services, including Token as a Service (TaaS) and AI-Powered Healthcare Platform as a Service (APaaS), positioning MNDR as a catalyst for digital transformation in Southeast Asia and Africa [4] Group 3: Operational Responsibilities - PPG will be responsible for securing all necessary licenses, permits, approvals, and land rights for the construction and operation of the data centers [4] - MNDR will retain majority voting control post-transaction, with PPG's founders participating in board-level integration to ensure continuity and local execution [4] Group 4: Next Steps - The MOU is subject to customary conditions precedent, including due diligence and regulatory approvals, with the first definitive share purchase agreement expected to be executed within 90 days [5]