Signs long-term tenancy agreement, renames building to Menara AIMS
Company in the heart of KL and ‘not going anywhere,’ says CEO
CARRIER-neutral data services provider AIMS Group has signed a long-term anchor tenancy at Menara Aik Hua, the 18-storey building that has housed its headquarters for the past 14 years, renaming it Menara AIMS.
This demonstrates the company’s long-term commitment to its clientele, AIMS Group said in a statement.
“Our message is simple: AIMS will be in this business for a very long time. We are part of the fabric of this vibrant, world-class city, and AIMS is in the heart of KL (Kuala Lumpur). We’re not going anywhere,” said its chief executive officer Chiew Kok Hin.
AIMS said it is home to all domestic telecommunication providers, as well as more than 80% of international service providers, making Menara AIMS the most connected site in the CBD (commercial business district) of Kuala Lumpur and one of the most connected sites in the country.
It is also the reference site for the Malaysian Internet Exchange (MyIX) at Menara AIMS.
Menara AIMS, with 37,500 sq ft of fully commissioned data centre space and another 10,000 sq ft of work in progress, is minutes away from the iconic Petronas Twin Towers. It has an additional 13,000 sq ft available in Cyberjaya plus points of presence in Penang, Johor and Kota Kinabalu, the company said.
Earnings and growth plans
AIMS Group recently announced that its 2014 second quarter earnings grew 11% from RM14.3 million in 2013 to RM15.97 million in 2014. [RM1 = US$0.31]
“AIMS’ market share and revenue growth has been steady and the high capital and operating costs of the data centre business that has severely challenged other local players are under control,” claimed Chiew (pic).
The company currently enjoys a market share of 14%, a rate that is “steadily increasing” each year, he added.
Its clients range from large local corporations and multinationals across industries as diverse as aviation, hotel, telecommunication, financial services, online businesses, oil and gas, retail and content providers.
“Bank Negara’s recent guidelines for financial institutions will also help drive our disaster recovery and business continuity planning services to hopefully become significant contributors to our growth in the years ahead,” Chiew said.
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New AIMS facility powers up at Cyberjaya
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