Sunsuria Bhd is selling 45.46 acres of vacant freehold land in Sepang to Amazon Data Services Malaysia Sdn Bhd for RM316.84 million in cash, according to a Bursa Malaysia filing on 28 September 2026. The buyer is a wholly-owned unit of A100 Row Inc, which is in turn indirectly owned by Amazon.com Inc — and the stated use is data centre and digital infrastructure operations.
The deal was signed through Sunsuria City Sdn Bhd, Sunsuria’s 99.99%-owned subsidiary, under a conditional sale and purchase agreement dated 28 September. The plot, described in the filing as freehold commercial land in Sepang, Selangor (Bernama locates it in Dengkil), spans 183,973 square metres and is currently vacant and generating no income.
The deal by the numbers
| Figure | Detail |
|---|---|
| RM316.84 million | Cash consideration for the Sepang land, paid by Amazon Data Services Malaysia |
| 183,973 sq m (45.46 acres) | Freehold commercial land, vacant, in Sepang / Dengkil, Selangor |
| RM307 million | Appraised market value as at 28 August 2026, by CBRE WTW Valuation & Advisory — the price is a 3.2% premium |
| RM145.97 million | Sunsuria’s original acquisition cost, 11 June 2015 |
| RM163.44 million | Audited net book value as at 30 September 2025 |
| RM50.34 million | Estimated one-off net gain on disposal (excluding related expenses) |
| 2Q 2027 | Expected completion, subject to approvals |
What the buyer plans
Amazon Data Services Malaysia intends to use the plot for data centre and digital infrastructure operations. The buyer entity is wholly owned by A100 Row Inc and indirectly owned by Amazon.com Inc, per the filing — making this the latest in a string of hyperscaler-linked land acquisitions along Selangor’s southern corridor, where Sepang sits next to the existing data centre cluster around Cyberjaya, Pulau Carey and Seden.
What Sunsuria says it will do with the money
Sunsuria said gross proceeds are earmarked for the group’s ongoing infrastructure works, working capital, repayment of bank borrowings and transaction expenses. Excluding related expenses, the disposal is expected to yield a one-off net gain of approximately RM50.34 million and lift Sunsuria’s net assets per share from RM1.20 to RM1.26.
Conditions before completion
The deal is expected to complete by the second quarter of 2027, but it is conditional on several gates: shareholder approval at an extraordinary general meeting; written confirmation from the Ministry of Economy’s Equity Development Division that the transaction does not require its approval; written consent from the Selangor State Authority for the acquisition, if applicable; and written endorsement from the Malaysian Data Centre Task Force for the buyer’s proposed development. Hong Leong Investment Bank has been appointed principal adviser.
For Malaysian SMEs in the data centre supply chain — construction, power, cooling, security and connectivity contractors — the filing is one more confirmed hyperscaler site in Selangor moving from land banking toward build-out, with a completion window now attached: subject to approvals, development work would follow completion from 2Q 2027.
Sources: The Edge Malaysia, “Sunsuria to sell Sepang land to Amazon’s local unit for RM316.84m cash” (28 September 2026) · The Star, “Sunsuria to divest land for RM316.84mil” (29 September 2026) · Bernama, “Sunsuria Unit To Sell Dengkil Land for RM316.84 Mln” (28 September 2026)
Figures were read from the published reports and the Bursa filing they quote on 29 September 2026. The disposal is conditional until approvals are obtained and completion occurs.
