Megaspeed, the Singapore firm at centre of US chip probe, goes dark

Police here say investigations ongoing into firm for suspected breaches of local laws

- Angela Tan Senior Business Correspondent and Cheong Poh Kwan Assistant Business Editor

The streets outside the Central Business District were bustling with the lunchtime crowd. But on the seventh floor of Ocean Financial Centre, one office stood out for its silence.

A self-described “premier business partner of Nvidia”, Megaspeed International showed no signs of activity when The Straits Times visited the office on Oct 10. Behind a locked glass door, the company’s nameplate still hung above the reception area. “It is always dark for as long as it has been here,” said a tenant in the building. “I hardly see anyone visiting or in the office.”

Another tenant said he found it odd that any company would pay high rent for a prime office space, only to leave it unoccupied.

Megaspeed, which bills itself as a specialised cloud computing service provider, appeared to have gone dark. Attempts to reach the company ended up with a dead ring tone.

Singapore police confirmed that investigations are ongoing into Megaspeed for suspected breaches of local laws, although no details were given regarding the nature of the potential offences.