DEEP SOURCE (00990.HK): Malaysia AIDC Project Approved by MITI, Entering Accelerated Deployment Phase

NewTimeSpace News: On 7 September 2026, Deep Source Holdings Limited (stock code: 00990) announced in a voluntary filing that the group's artificial intelligence data center (AIDC) project has received formal approval from Malaysia's Ministry of Investment, Trade and Industry (MITI) on 7 September 2026, marking an important milestone.

The approval carries certain water and electricity supporting conditions that the project team is actively implementing. The approval marks the AIDC project's entry into an accelerated deployment phase, with management striving for early commencement of construction and commissioning. On top of the stable development of its traditional business, the company will continue to advance its strategic transformation toward AI infrastructure and the lithium value chain, with further announcements on major project progress to be published in due course.

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