Deriv Services Sdn Bhd, Deriv.com's Malaysian operational headquarters, 
announced that it has entered into a sale and purchase agreement on 12 November 
2020 with Maybank Trustees Berhad (acting solely in the capacity as trustee for 
and on behalf of MRCB-Quill REIT) to acquire the Quill5 building in Cyberjaya, 
Malaysia and the transaction is expected to be completed by the second quarter 
of 2021. The purchase of the Quill Building 5 is the next step in the company's 
expansion plan. The new premises will house Deriv's APAC operational 
headquarters and will solidify the firm's commitment to providing top 
employment conditions to attract the best talent.

"We hope that our new building will become the most attractive and dynamic 
place to work for young knowledge-workers in the Klang Valley area. We want to 
attract the top talent from all over Malaysia and use the building to help 
springboard our group's next phase of growth," stated Jean-Yves Sireau, Founder 
of Deriv.

Why Cyberjaya
Known for its world-class infrastructure and strategic location in Southeast 
Asia, Cyberjaya has quickly become a favorite for start-ups and multinationals 
alike.

A key differentiator for Deriv is the multicultural population of Cyberjaya. 
This is aligned to the company's vision of a diversified team. It already 
employs 400+ people spread across the world [https://deriv.com/about/#story ]in 
30 teams, and is recruiting 40 new staff per month worldwide. The new 
operational headquarters will offer greater opportunities to further its 
diversity.

By establishing its operational headquarters in Malaysia's Silicon Valley, 
Deriv will be able to expand its presence in the Multimedia Super Corridor 
joining the likes of BMW, Fujitsu, Ericsson and Shell. Despite 2020 having been 
a challenging year, Deriv has already opened this year new offices in Ipoh and 
Melaka in Malaysia, Limassol in Cyprus and Kigali in Rwanda.

Deriv has been led by a vision of empowering its employees to go the extra mile 
for every client, offering best-fit solutions. The new premises at Cyberjaya 
are expected to help make Deriv a truly global and diverse entity. Visit 
deriv.hr to learn more and discover the latest career opportunities.

For media enquiries contact:
Federica D'Andrea
+971 502534352   
federica@deriv.com 
  
Source: Deriv.com