Thailand’s biggest banks are considering a stake sale in data centre company Supernap Thailand, according to people familiar with the matter, riding on the increasing investor appetite for the industry.
Shareholders of Supernap Thailand, including Siam Commercial Bank (SCB) Pcl and Kasikornbank (KBank) Pcl, are working with a financial adviser to help find a minority investor in the business, the people said. Supernap Thailand, which was a joint venture between some of the country’s biggest firms and United States data centre giant Switch Inc, could be valued at about US$800 million in a transaction, the people said.
The sale has drawn preliminary interest from other industry players and…
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