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Release Date 25 Jul, 2017

First Purpose-built High-tier Data Centre in Designated Zone in Hong Kong: MEGA Plus Receives Enthusiastic Market Response with Greenlight for Service

SUNeVision Holdings Limited (“SUNeVision”, SEHK Stock Code: 8008), a premium carrier-neutral data centre service provider in Hong Kong and a subsidiary of Sun Hung Kai Properties Limited, today announced that, MEGA Plus, its purpose-built greenfield data centre located in Tseung Kwan O, with a gross data centre space of 474,000 square feet, is ready for service with “Occupation Permit” and “Certificate of Compliance” granted according to schedule. The completion of this best-in-class data centre has defined a new benchmark for the Hong Kong data centre industry.

Building on the first one-hectare greenfield site set aside by the HKSAR Government outside of the Tsueng Kwan O Industrial Estate (TKOIE) for high-tier data centre development, MEGA Plus is a high-tier next generation data centre for today and tomorrow’s demands. It provides full redundant systems and distribution paths for 24x7 operation and concurrent maintenance. With a 132kV power substation on premise, MEGA Plus is capable of supporting more than 24MW IT load capacity, and its modular and flexible design meets the varied and dynamic requirements of telco carriers, cloud service providers and large enterprises. The colocation space and our value-added solutions make possible a choice for optimal service for customers of all sizes who need reliable and best-of-breed data centre facilities. MEGA Plus is built in a designated zone granted for data centre usage, hence freeing customers from any unauthorized subletting risks.

Mr. Peter Yan, SUNeVision Executive Director and Chief Executive Officer said, “It is fortunate that MEGA Plus is completed as planned as it is an opportune time to meet the fast-growing data centre demands in Hong Kong and the region. We have received enthusiastic response from cloud providers, service providers and enterprise customers, which, together, form an important cloud and connectivity ecosystem in MEGA Plus capable of fostering further interconnections amongst customers and different types of service providers. Our reliable, scalable and secure infrastructure and service, as well as the high power density, low-latency and high-availability of MEGA Plus are key drivers to attract demands, including that from telco providers, cloud, CDN, OTT providers and other customers.”

The fact that MEGA Plus provides a facility free from subletting risk is also a contributing factor to customers’ decision to locate there. According to Structure Research (SR), a research institute focusing on the data centre industry, MEGA Plus will be the first and only multi-tenant data centre in the TKO area outside of the TKOIE. At the TKOIE, unauthorized subletting of data centre capacity to other tenants is prohibited. MEGA Plus enables global service providers and large enterprises to avoid potential future compliance issues while securing their data centre deployments for the long term. Structure Research also notes that “Its (MEGA Plus) location is ideal due to its low latency access to SUNeVision’s MEGA-i data centre in Chai Wan, and gives colocation customers the shortest route to access one of the most carrier dense data centres* in Hong Kong. Besides the connection to MEGA-i, MEGA Plus will connect to MEGA Two’s China gateway forming a virtual MEGA Campus. This enables content, service providers and enterprises with the optimal interconnection setup to serve end users.”

Mr. Martin Chan, SUNeVision Chief Operating Officer added, “The grant of “Occupation Permit” and “Certificate of Compliance” for MEGA Plus per planned schedule underlines our data center expertise, project management skills and leadership in complying with all stringent requirements as per land grant conditions. Featuring two multi-storey towers designed to house over 5,000 server racks for our customers, when in full capacity, MEGA Plus will be one of the largest data centres in Hong Kong. The addition of MEGA Plus to our MEGA Campus meets customers’ demands for highly resilient and secure space for housing mission critical IT equipment, as well as the need for a highly connected solution close to the CBD areas for building their primary, mirror and disaster recovery site.”

For more information, please visit: http://www.iadvantage.net/index.php/locations/mega-plus

About SUNeVision

SUNeVision (SEHK Stock Code: 8008) harnesses the strengths of Sun Hung Kai Properties' (SEHK Stock Code: 0016) principal technology assets including iAdvantage, Super e-Technology, Super e-Network and venture capital investments. SUNeVision has a strong financial position, and its portfolio of data infrastructure and service businesses positions it well for sustained profitability and growth. For more information, visit www.sunevision.com.

* With 200 service providers, SUNeVision (iAdvantage)'s MEGA-i is ranked #1 in the Hong Kong market amongst the 90 colocation data centers that operate in Hong Kong. (According to Cloudscene Q2, 2017 Leaderboard)

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