Fasken Martineau, a leading international business law and litigation firm, announced today that lawyers from the London office advised Teliti International Ltd, a Malaysian owned data centre and IT services provider, in its introduction to the AIM Market of the London Stock Exchange.

Teliti believes that its admission to the AIM Market will enable it to expand in Asia and the Middle East. It is currently completing the construction of its first datacentre in Malaysia, which is targeted to be the largest green datacentre in South East Asia. The Malaysian government has recognised Teliti as one of three providers of datacentres that would help drive Malaysia to become a preferred regional location for datacentre services. The Malaysian government’s target is for the construction of 5,000,000 sq ft of datacentre space in Malaysia. Once completed, Teliti’s datacentre will provide a total capacity of 120,000 sq ft of datacentre space. The first phase in the construction of Telti’s datacentre is due to be completed by March 2012, which will provide Teliti with 45,000 sq ft of datacentre space. Teliti has secured a collaboration with Cisco on this exciting project. 

Teliti is the first Malaysian “Bumiputra” company to be listed on the AIM Market using a complex re-structuring structure specifically put in place to preserve the “Bumiputra” status of Teliti group. 

Teliti was advised by a team of lawyers from Fasken Martineau’s London office consisting of partners June Paddock and Azlinda Ariffin-Boromand, with assistance from Stephen Callender and Helen Sutcliffe.